I am talking about aggressive funds or hedge funds which have a different expectations.
You mentioned that MFG gave away the gains they had in the last 2 years. Last 2 year period was very unusual one in hundred year incident and MFG was even more conservative than any indexes going into cash, as well as not benefiting from trillion $ cash injections.
Under normal economical conditions with very low growth rates of 3%, conservative portfolio with bit of active investing should be able to beat indexes by small % of 3 to 4 % like what MFG did prior to 2019.
I am talking about aggressive funds or hedge funds which have a...
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Last
$9.95 |
Change
-0.070(0.70%) |
Mkt cap ! $1.779B | |||
| Open | High | Low | Value | Volume |
| $10.04 | $10.13 | $9.92 | $3.725M | 372.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2494 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 45242 | 13 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |