Looking forward it seems a good buy at 1.40.
magellan were cautious during covid and went for capital protection and underperformed I am happy to stay with them on the medium term, especially with current stock selection and stronger $US.
Ali baba is still a long term growth stock with some governance headwinds which will get sorted out , the stock I don’t like them holding is SAP , not a big fan at all, but they have more inside info than we do.
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