MFG 2.78% $10.73 magellan financial group limited

Global Fund FUMFUM on 31st March - $39.6 billion AUD x 0.75095 =...

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    Global Fund FUM
    FUM on 31st March - $39.6 billion AUD x 0.75095 = $29.74 billion USD
    FUM on 29th April - $38.0 billion AUD x 0.71065 = $27.00 billion USD

    Excluding the currency benefit - that is nearly a 10% loss of FUM in Global Equity fund in April. Crazy!

    If the AUD had not decreased then total FUM reported would have been $64.9 billion down from $70 billion one month ago.




 
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