MFG magellan financial group limited

0.38%

$10.43

Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-48

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06/01/23

18:20

Post #: 65568739
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Originally posted by asxunsullied: ↑

Serious Question

Are the BOD implied to report FUD every single month?

Why don't they just shut up a while kind of make decisions privately : keeping the data private , instead of basically keeping it constantly in the headlines and feeding the shorters with this relentless down ramping..

Not every company is obliged to report basically their (implied) earnings every single month... right?

I mean all it does is just give opposition fund managers the chance to slam MFG

Heck, could one take a guess that some of those active opposition fundie boys and girls (all happy to jump on the anti MFG bandwagon )wouldn't be doing too flash with their own FUM in the current market either..?

How the heck do we not know this isn't an overall trend in retail withdrawing their funds from all active managers?

So genuine Q. Do they have to report this every month?

As a shareholder (who remains a believer) - it's getting tiresome..

Geeez just get it off the front pages please.

Just MO/ NA

Cheers

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"Are the BOD implied to report FUM every single month?"

Yes, listed managed funds are required to report monthly under the ASX AQUA rules:
https://www.asx.com.au/documents/professionals/asx_aqua_rules_framework.pdf

Issuers of Managed Funds must also disclose information about net monthly redemptions to give investors a sense of whether the fund is growing or shrinking

MFG Price at posting: $8.68 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $10.43		Change -0.040(0.38%)		Mkt cap ! $1.793B

Open	High	Low	Value	Volume
$10.39	$10.47	$10.30	$6.392M	615.3K

Buyers (Bids)

No.	Vol.	Price($)
1	96	$10.40

Sellers (Offers)

Price($)	Vol.	No.
$10.43	22131	1

View Market Depth

No.	Vol.	Price($)
1	96	10.400
2	2343	10.290
2	2000	10.260
2	175	10.200
1	2371	10.120

Price($)	Vol.	No.
10.430	22131	1
10.500	7052	4
10.530	2200	2
10.550	1322	4
10.560	189	2

Last trade - 16.15pm 25/07/2025 (20 minute delay)

MFG (ASX) Chart

Ann: Funds Under Management and Performance Fee Update - Dec 2022, page-48

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