Hi ubphu
103,476M - 102,088M = 1,388M
1,388M / 102,088M = 0.013596 or 1.4% growth in FUM for one month.
How is 1.4% growth good? It is still slowing, has become too big.
Best of Luck
Lost
Ann: Funds Under Management - October 2020, page-3
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