MFG 1.49% $8.17 magellan financial group limited

Ann: Funds Under Management - February 2024, page-3

  1. 3,633 Posts.
    lightbulb Created with Sketch. 1067
    dude...fx....again...peeps here never learn....

    the only thing that moved was their Global equities (so the other two "failed" in performance). The NATURE of global equities is that it also gets carried by favourable FX moves...

    https://hotcopper.com.au/data/attachments/6012/6012629-0c518b57ac4c172430c1e69d245249e6.jpg

    only bled $0.2m (lost $0.1bn from both retail and insto). Im impressed - thought it'd be much worse!!

    green based on this. gltah


    Last edited by mickeebee: 06/03/24
 
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