Pretty good report.
I think the would be better served by saying what the % performance of their most popular portfolio over the same period as some participants in the market will just see the negative FUM number and draw a wrong conclusion that their business is contracting.
Personally it would be good if they could have a Cash+ type investment option rather than just "Conservative" - which still has small exposures to growth markets. I think some people would like to use it as a savings tool "out of mind, out of sight" approach, which goes in line with their original marketing.
Ann: Funds Under Management & Active Customers - December 2018, page-2
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $38.18M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $9.151K | 23.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19000 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 57783 | 3 |
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| Last trade - 12.47pm 29/08/2024 (20 minute delay) ? |
| RZI (ASX) Chart |