LOL. what cave?? was skiing champ, hitting the slopes, perfect spring weather, the failure of MFG (again) was the last thing on my mind. I do enjoy a FUM update of course, couldn't wait to get back to it....!
why don't u ask management why the FX isn't stripped away from performance?? (like every other fund manager does and presents?)...smokescreen central!
Is it so difficult to provide a table that clearly shows:
Opening FUM
- Client flows
- Fund perf
+ FX impacts (not real)
= Closing FUM
Surely the ex-PWC CFO can handle that??
but maybe, just maybe, they dont want to show it....?? why?? doesnt take a genius
The FX has been the ONLY true out-performer, doesn't change the fact that client accounts are seeing RED in native currency, this will snowball the outflow redemptions....!
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- Ann: Funds Under Management - August 2023
MFG
magellan financial group limited
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0.96%
!
$8.41

Ann: Funds Under Management - August 2023, page-6
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $1.452B |
Open | High | Low | Value | Volume |
$8.31 | $8.41 | $8.20 | $12.67M | 1.511M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5667 | $8.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.41 | 15509 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 8.340 |
1 | 144 | 8.290 |
1 | 4000 | 8.260 |
2 | 14848 | 8.250 |
1 | 188 | 8.180 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 4500 | 2 |
8.450 | 20800 | 4 |
8.500 | 1377 | 2 |
8.520 | 440 | 1 |
8.550 | 122 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |