Just to add some statistical numbers to my theory I wrote last night about down side protection. Dow loss. 2.53% MSCI world loss 2.2% MFG in US$. 1.6% MFG in A$. .98% European markets loss much more.
More interesting information for MFG shareholders is performance fees bonus they will be entitled in February 2022 if the market remains in this range on Monday and Tuesday. For the five months MFG has collected fair amount of performance fee for 1st HY 2022. When is the market going to recognise the reality.? Only information missing information is whether there is any outflows or inflows.
MFG Price at posting:
$32.00 Sentiment: Buy Disclosure: Held
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