MFG 1.56% $10.44 magellan financial group limited

Ann: 2023 Interim Results Briefing, page-9

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  1. 3,780 Posts.
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    only thing helping this is the BB and now a free kick from a yield chasing mkt.

    mngt are controlling the nose bleed - and spending big to do so. On such low vol, this is being cushioned.

    wait until BB and div is over....and FUM heads sub $40bn. H2 wont be pretty....!!!

    if I held funds with MFG and saw the "investment highlights" above, my FUM would be out the door in a heartbeat!

    gltah
 
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