It's interesting to see the FUM inflow/outflows, this year was still a bundle of cash flowing in.
Check this out:
Inflow/Outflows for 2020: +$5.27Bn.
SP Jan: $57
SP Dec: $57
So a lot of macro keeping the SP subdued, but I want to see long term growth, and there's plenty of companies that have still grown this year despite Covid etc. Any one of my Nasdaq holdings has been amazing, especially Apple.
More thinking to do. Still to early to exit as the obvious trading range is $55 - $65, so need to hold for min. $65,
Ann: Funds Under Management - November 2020, page-24
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$9.62 |
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