If markets correct, - regarding FUM outflows I took a small % holding a little while back - betting on MFG being the better of the active managers and that fund outflows will be right across the board including etfs (it just we won't see that reflected or reported easily in these opposition FUM reports)
But I'm yet to see the facts here (comparison) - that's why I asked above^
I smell a rat here in other fundies having a go a MFG...
I wouldn't trust any of the bastards - particularly if trading conditions get more difficult as the low interest free money is taken away
I'm sitting tight on adding to my small position though until the %shorts reduce (which will possibly be an indicator there is less chance of insider fundie info leaking thru.).. whether this is right or wrong - I have no idea - treat it as scuttlebut, but I just refuse to allocate any more capital until this possibility is reduced...
NA/Just MO
Ann: Funds Under Management - December 2021, page-81
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Last
$9.22 |
Change
-0.220(2.33%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $9.29 | $9.34 | $9.15 | $6.465M | 699.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2770 | $9.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.26 | 2770 | 1 |
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| MFG (ASX) Chart |