wow - bleeding retail - your LARGEST (by a mile) fee earner!
so:
Jan FUM = $46.2bn
LESS
Feb client outflow = -(0.8bn)
= Feb FUM of $45.4bn
This implies that mkt performance was entirely offset by FX (fake) gains! the wild FX swing benefit shielded the result from being EVEN UGLIER by a very, very disappointing performance (that will drive FURTHER outflows)!!!
very lucky FX worked in your favour to hide the abysmal performance!!! had FX been neutral, this result would be -(1.4bn) WORSE ($44bn instead of $45.4bn)!!!
so much for stemming outflows.....retail has awoken to the RED ink for high fees conundrum!
Ann: Funds Under Management - February 2023, page-4
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Last
$8.33 |
Change
-0.080(0.95%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $8.40 | $8.40 | $8.30 | $600.4K | 71.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 429 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.33 | 558 | 6 |
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| Last trade - 10.32am 18/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |