@SP007
Spectacularly inaccurate again.
"the fum over the month grew only 0.2% and the fund investment returns for the month was 3.1%. the balance is the outflow which is 2.9% or on my estimate about 408M of outflows from this one fund in a single month. if we extrapolate this into annual figures the outflow from MGOC is 4.9B/pa or 35%/pa of MGOC fum."
Given the total retail outflows for the Quarter were $1.093bn across all funds, how do you arrive at $1.224bn outflow for same period for one fund.
"Magellan experienced net outflows of $1,552 million, which included net retail outflows of
$1,093 million and net institutional outflows of $459 million"
Its clear that in 2022, the cost of a "cheap seat" (@Jack1960) is even cheaper.
@SP007Spectacularly inaccurate again."the fum over the month...
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Last
$8.19 |
Change
0.050(0.61%) |
Mkt cap ! $1.480B | |||
| Open | High | Low | Value | Volume |
| $8.12 | $8.19 | $7.99 | $5.601M | 691.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 709 | $8.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.21 | 4682 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$8.18 |
Change
0.050 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $8.14 | $8.18 | $8.00 | 101926 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MFG (ASX) Chart |