Hi @Chella
Not necessarily. There are far better returns to be had at other Fund Managers than Magellan.
State Street is too big to outperform competitors and will always perform similarly to Magellan.
Key difference is State Street charging 20 basis points less which improves performance over the long run due to compounding effect.
Best of Luck
Lost
Ann: Funds Under Management Update, page-35
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Last
$9.85 |
Change
0.090(0.92%) |
Mkt cap ! $1.780B | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.93 | $9.77 | $2.846M | 288.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 837 | $9.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.88 | 1000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |