simple. lets compare:
doing what they continue to do = -5.7% a month!
or, alternatives include:
leave client $$ under the mattress = 0%, thats a 5.7% outperformance!
Trade aud/Usd = 0.25% return, a 5.95% outperformance
cash in bank: 3%....almost 10% outperformance!
bonds/any other interest bearing instrument: 4-6% easy....
all positive
Ann: Funds Under Management - September 2023, page-13
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Last
$9.70 |
Change
0.120(1.25%) |
Mkt cap ! $1.753B | |||
| Open | High | Low | Value | Volume |
| $9.69 | $9.73 | $9.48 | $6.072M | 630.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11559 | $9.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.71 | 1250 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |