MFG magellan financial group limited

Ann: Funds Under Management - August 2022, page-26

  1. 1,711 Posts.
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    @CbrMaroon your comment was the prime reason most retail investors 'lose money' even if the SP finished slight up today this is a 'bad' ANN until FUM stops declining the SP will continue to tank the fundamentals of any fund manager is the more funds under management the better the fundamentals month to month are getting worse and worse for MFG.

    i'd suggest and this isnt financial advice any1 who is holding on to MFG at this point is 'gambling' not investing there is no investment case for this fund manager anymore until FUM starts to go up or at 'very least' stop going backwards.

    you are 'hoping' beyond logic the fund turns it around
    Last edited by Pastry1: 06/09/22
 
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$10.69
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