Yes, it is simple.
But we can thank financial advisers for making the simplistic, complicated.
At the end of the day, it's difficult for fund managers (and their ego) to admit they can't compete with a simple index of stocks.
Along the way, retail investors will continue to pay for underperforming junk.
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- Ann: Funds Under Management and Performance Fee Update- June 2023
MFG
magellan financial group limited
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0.36%
!
$8.41

Ann: Funds Under Management and Performance Fee Update- June 2023, page-13
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Last
$8.41 |
Change
-0.030(0.36%) |
Mkt cap ! $1.453B |
Open | High | Low | Value | Volume |
$8.38 | $8.46 | $8.34 | $4.327M | 514.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1191 | $8.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.42 | 1974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1191 | 8.390 |
1 | 1646 | 8.380 |
1 | 1646 | 8.370 |
4 | 6916 | 8.360 |
2 | 3591 | 8.350 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 1974 | 2 |
8.450 | 2146 | 2 |
8.460 | 7045 | 4 |
8.470 | 3956 | 3 |
8.480 | 1775 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online