FUM changes with the value of actual shares held as well as any (nominal) currency conversion benefits/losses on international holdings (although the $AUD has gone up against the $US) and these affect the FUM expressed in $AUD independently of inflow/outflow.
The only number from MFG that matters is fund inflow or outflow.
And once again, another not insignificant outflow (>1%) even in the holiday month of January, when most fund managers and personal finance advisors are on the beach.
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- Ann: Funds Under Management - January 2023
Ann: Funds Under Management - January 2023, page-15
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18 | 2504 | 10.010 |
17 | 2695 | 10.000 |
8 | 2002 | 9.990 |
9 | 4084 | 9.980 |
Price($) | Vol. | No. |
---|---|---|
10.030 | 377 | 7 |
10.040 | 1266 | 8 |
10.050 | 1067 | 6 |
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