simple. lets compare:
doing what they continue to do = -5.7% a month!
or, alternatives include:
leave client $$ under the mattress = 0%, thats a 5.7% outperformance!
Trade aud/Usd = 0.25% return, a 5.95% outperformance
cash in bank: 3%....almost 10% outperformance!
bonds/any other interest bearing instrument: 4-6% easy....
all positive
Ann: Funds Under Management - September 2023, page-13
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Last
$8.41 |
Change
-0.155(1.81%) |
Mkt cap ! $1.518B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.53 | $8.34 | $3.666M | 435.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 90 | $8.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.41 | 2165 | 22 |
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| Last trade - 15.37pm 28/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |