That said, UBS highlights the company's strong track record, although the flagship Global Fund has underperformed by -19.3% over one year while the Infrastructure Fund underperformed by -15.1%.
good article. Though it keeps repaeting that Magellan is awesome but in charging managment fees, performance is terrible and unlikely to recover by 2022.
loved the above line.
overall, even if mfg gains, mhh will sink to ensure that investors don’t make a dime. 1.35% management fees is extremely high, considering that they haven’t managed much. Raiz and Spaceship have got better results.
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- Ann: MGF Fund Update - February 2021
Ann: MGF Fund Update - February 2021, page-83
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