If you don't value downside protection then it is beyond me why you would ever invest in a manager like Magellan.
It's not even important whether you value downside protection. If you thought you were investing in a fund that targeted the highest net return then I question whether you even looked at Magellan's investment strategy or whether you invested purely based on out-performance.
It's important that institutional investors such as pension funds value downside protection. When you are accumulating wealth as a 30, 40 or 50 year old - the net return is the most important factor. The sequence of returns or volatility of returns doesn't make any difference unless it causes you to sell. However once you start to draw-down on your wealth and rely on investment returns & income to fund your lifestyle (retiree) then these factors make a great deal of difference as to how long your money lasts (sequencing risk).
Remember that the population is ageing with more wealth transitioning into retirement each year. These investors do care about downside protection and that is Magellan's market.
- Forums
- ASX - By Stock
- MFG
- Ann: Funds Under Management - October 2021
Ann: Funds Under Management - October 2021, page-53
-
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MFG (ASX) to my watchlist
|
|||||
Last
$10.79 |
Change
0.060(0.56%) |
Mkt cap ! $1.934B |
Open | High | Low | Value | Volume |
$10.74 | $10.86 | $10.53 | $10.06M | 939.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 87 | $10.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.80 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 87 | 10.780 |
1 | 55 | 10.770 |
1 | 48 | 10.760 |
2 | 3896 | 10.750 |
3 | 2176 | 10.740 |
Price($) | Vol. | No. |
---|---|---|
10.800 | 1000 | 1 |
10.820 | 7600 | 1 |
10.830 | 2103 | 2 |
10.840 | 3103 | 2 |
10.860 | 4502 | 2 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |