MFG in the BUY zone, page-418

Hi, I hope you had time to listen to Hamish this morning.
I can say what I wrote this morning and consistently is very similar to Hamish’s view on economy and markets past and going forward. Covid,Alibaba and Tencent impact over last 12 to 18 months are unfortunate and affected MFG performance. From where we are now you can be safe with the portfolio and will do better than others in a normal economical conditions.
He didn’t talk about movement of funds. Does it mean good or bad? Institutional investors know very well composition of the portfolio and it is potential or disadvantages of not being aggressive during Covid.
I think most of the noise is from Australia retail investors in MGOC . As I said before this is only $15B on $113B. Once the current performance is understood, I am sure they will turn back. If you look back on comparative one year’s performance from now on it is going to be ugly until about March next year until Covid performance drops off the radar.