MFG magellan financial group limited

Ann: Funds Under Management - March 2024, page-8

  1. 4,343 Posts.
    lightbulb Created with Sketch. 1221
    better summary:
    https://hotcopper.com.au/data/attachments/6081/6081811-68d642c4404815bd5947c3de2b4e0c6f.jpg

    Used MSCI to compare monthly mkt perf. Gives a fair idea.....Insto return faired better at 2.6% for the month (still under benchmark of 3.27%), yet $500M still walked....even at much lower cost to retail.....

    retail...ouch!!! they wont be pleased at 1.7% gross - whats left after their extortionate fees? they do pay 4 fold insto....

    nothing exciting to stem the outflow. net of (very high) fees, wheres the appeal for consistent under-performance yet high cost? rolleyes.png

    heading into the painful months.....doesnt look good for May/Jun when mkts should purge.....
 
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(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
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