MFG 1.69% $11.45 magellan financial group limited

Ann: Funds Under Management - November 2021, page-73

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  1. 866 Posts.
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    Yes, that is the outcome. The reason is the left over impact of the investors taking action after September quarter results, based on the Covid period underperformance. Since that saga is over and with extremely good performance since March 21 increasing FUM by 18B, investors will look at it with a fresh set of eyes. The decisions some took would be arrangements investors would have kick started around that time. Hopefully majority who wanted move over would have gone and depending on where they invested loss on MFG performance of 18%+dividend. Not many achieved during last 6 months what MFG has done.
 
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