MFG 0.92% $9.85 magellan financial group limited

Ann: Funds Under Management - December 2021, page-172

  1. 7,309 Posts.
    lightbulb Created with Sketch. 1075
    lol British American tobacco is my 2nd largest position at 8% of the portfolio (second only to China Mobile which is my largest share holding at over 10% because of share price gains)
    But for a fund manager (who has to carry a lot of weight because they are big, not like me, I am small, I can get in and out of stocks without effecting the market share price!!) would they want to place their unit holders funds into a stock like this. Where will BATS share price be in 5 years time, 10 years time??

    I am nimble because I am small. A $100b fund manager cannot be so nimble. And so that fund manager has to look at long term quality.
 
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Last
$9.85
Change
0.090(0.92%)
Mkt cap ! $1.780B
Open High Low Value Volume
$9.87 $9.93 $9.77 $2.846M 288.9K

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No. Vol. Price($)
1 837 $9.84
 

Sellers (Offers)

Price($) Vol. No.
$9.88 1000 1
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