MFG magellan financial group limited

Ann: Funds Under Management - March 2023, page-20

  1. 5,558 Posts.
    lightbulb Created with Sketch. 567
    MFG still haven't move the dial on fees, mean while Backrock ETFs is loosing fund to Rival Betashares due to higher MER so earlier this year they drop their fee to 0.06% just under Betashares 0.07% and what did Betashares do they come back with a vengeances and drop their fee to 0.04%

    now it cost buggers all to hold ETFs, $4 for every $10,000 invested and beat majority of fund managers, best of both world

    also ETFs mark 2 is on the way, soon you be able to pick and chose your basket of stocks ETFs creation and get charge bugger all fees
    slowly fund managers high fees days are number, there is no way anyone can charge more than 0.5% on fees going forward
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.41
Change
0.080(0.96%)
Mkt cap ! $1.452B
Open High Low Value Volume
$8.31 $8.41 $8.20 $12.67M 1.511M

Buyers (Bids)

No. Vol. Price($)
1 5667 $8.39
 

Sellers (Offers)

Price($) Vol. No.
$8.41 15509 3
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.