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$8.35 magellan financial group limited

Ann: Funds Under Management - September 2020, page-13

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07/10/20

12:05

Post #: 47907439
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Originally posted by lost: ↑

To your points:
1) Fund inflow importance, if you are an investor and like a particular strategy you will invest in MFG based on historical performance
2) If performance is flat or negative, then funds would typically flow out in the longer run (but some investors will continue to put money in)
3) PAC FUM is forecast to be 20% this quarter, MFG was 5%. This is a mix of inflow and performance.
4) If PAC performance slows inflows are still growing, e.g. the June quarter FUM growth of 17.7% ($12B in Net Inflows and $11B in performance). So yes, inflows will support growth for the quarter but will be closer to 10% for the quarter.
5) I think that overall if it is growing or declining it is a leading indicator of what is to come. I am not sure why MFG FUM growth (or Fund Net Inflow) is slowing compared to historical measures, but believe it is slowing all the same.

Best of Luck
Lost

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I have both PAC and MFG........
Returns from each (cap growth & dividends, no FC included) have been.....

1yr 3 yrs 5 yrs , pa %
PAC - 3.16 +0.36 -0.53
MFG +22.25 +40.04 +29.62

PAC have got a LOT of catching up to do. If I was a betting man, no prize for which one I would bet on coming out in front in another 1, 3 or 5 years time !!

MFG Price at posting: $59.99 Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

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(20min delay)
Last $8.35		Change -0.080(0.95%)		Mkt cap ! $1.515B

Open	High	Low	Value	Volume
$8.39	$8.41	$8.33	$1.143M	136.6K

Buyers (Bids)

No.	Vol.	Price($)
9	1122	$8.35

Sellers (Offers)

Price($)	Vol.	No.
$8.36	2266	25

View Market Depth

No.	Vol.	Price($)
5	662	8.350
13	3637	8.340
12	11721	8.330
9	14054	8.320
9	13080	8.310

Price($)	Vol.	No.
8.360	2760	28
8.370	4780	21
8.380	6084	14
8.390	13260	16
8.400	3583	9

Last trade - 12.08pm 04/06/2024 (20 minute delay)


Last $8.37			Change -0.080 ( 1.00 %)
Open	High		Low	Volume
$8.39	$8.41		$8.33	51807
Last updated 12.26pm 04/06/2024 ?

MFG (ASX) Chart