MGG is able to actively manage currency.
it is currently 49% Aussie dollar hedged.
MGE is unhedged.
currency movements USA vs Aussie dollar can make substantial difference to fund returns.
as the Aussie dollar has fallen in recent times, it is not surprising at all that MGE returns
have been greater than MGG.
MGG (trust) v MGE (global fund), page-13
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $7.720M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $3.442K | 259.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2069767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 214285 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |