that's not the return clients who have MFG funds are seeing....that is the FUM that MFG is managing and the 100.6-116.4bn movement includes inflows/outflows, FX, and MTM movements.
Also, different funds would offer different returns (Australian funds, infrastructure funds, Global equities) including subsets within each category, so that is not what drives financial advisers advising their clients to invest in MFG funds (you would have to look at the performance of each of these relative to the benchmark to see if advisers are inclined to recommend to their clients: https://www.magellangroup.com.au/funds/)
Ann: Funds Under Management - November 2021, page-18
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