MFG magellan financial group limited
Add to My Watchlist 0.00% ! $8.41

Ann: Funds Under Management and Performance Fee Update- June 2023, page-19

  1. mickeebee
    4,310 Posts.
    lightbulb Created with Sketch. 1217
    clock Created with Sketch.
    10/07/23
    12:35
    Post #: 68706462
    Summary for the year...really paints the bleak picture:


    https://hotcopper.com.au/data/attachments/5414/5414617-c99e202073176b896c74513a5532fafd.jpg

    You lost on average -2.1bn EVERY MONTH of client FUMyou lost -25% of your retail FUM since Jun22you lost -50% of your INSTO FUM since Jun22Overall, FUM is down -41% for the year from a FLOW point of view!FX (back of envelope, high level approx) shielded this abysmal performance by ~$2bn and did better than investment performance! (helping shroud the nose bleed)Retail performance was a pathetic avg annual 4.9% (safer in banks!) and insto a PATHETIC 1.1% net of distribution returns....wow...no wonder 50% insto have walked....!
    scary....
    MFG Price at posting: $8.37 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 3  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Pathological Complete Response Recorded in ACCENT Trial of Advanced Pancreatic Cancer
right-arrow Created with Sketch.
NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
NEWS Bonanza Dittmer Drilling Hits 221g/t Gold in Stage 5 Intersection
right-arrow Created with Sketch.
NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
NEWS FBR Executes Engineering Service Agreement with Samsung Heavy Industries
right-arrow Created with Sketch.
NEWS Agreement for Sale of Mount Mason Project to Gold Valley Yilgarn
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$8.41 		Change
0.000(0.00%) 		Mkt cap ! $1.453B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 97 $10.09
 

Sellers (Offers)

Price($) Vol. No.
$7.50 1750 1
View Market Depth
Last trade - 09.57am 18/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.