https://www.magellangroup.com.au/funds/magellan-global-fund-open-class-asx-mgoc/
Negative 2 performance against the index last 3 months, post-Hamish zero improvement.
With neg 2 underperformance and fees over 100bp, why would you assume that this is a value play? The reason its underpriced is because performance and company turmoil still is likely to cause further outflows.
Its cheap, cheap for a reason.
Valuation still looks convincing, page-2
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Last
$9.34 |
Change
0.090(0.97%) |
Mkt cap ! $1.688B | |||
| Open | High | Low | Value | Volume |
| $9.34 | $9.35 | $9.21 | $6.400M | 687.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 654 | $9.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.34 | 3023 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |