Ann: Funds Under Management - October 2021, page-119

Lost, you are really at loss with these arithmetic calculations. Sad part is that is the only thing you are doing and you are not getting that right either. For example you say closing Fx rate is .7292 when it is .7333 overnight. More importantly you have no understanding of why these trends show in numbers.

My point is to show to all those talking about MFG total fund performance over from Jan 2021 onwards. No index has beaten MFG performance except S&P500 and even that is beaten when you look at from March 21 to date. This is cum dividend. Also if MFG did not have outflow in September qtr of 1.5B, performance of MFG is far superior.
So for all those hoping and wishing MFG to not to perform, it is not happening with that superior portfolio.
Tide has changed and it will be matter of months before other analysts from those big banks take notice.
For guys who are talking about other index ETF ‘S , exactly which index are you talking about that can have better return. I am not talking about Covid period, it is about now and going forward.
Look at some of the significant wins in the portfolio. MSFT at $200 last Oct and now $330.
Netflex purchased at $480 and now $683.
Alphabet $1600 in Oct 21 and now $2992.
Biggest loss in Alibaba and Tencent. They have sold off Tencent and Alibaba seems to have bottom out and making progress.
When the half year results are added up and start looking back over the year and half year, comparisons to MFG will show up.
Any better portfolio anyone can recommend with the underlying shares. Not GQG and not knowing where the 100% of the money invested.