MFG 1.12% $10.64 magellan financial group limited

Ann: Funds Under Management Update, page-50

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  1. 868 Posts.
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    The main point of yours is no fund outflows.
    This is determined basically on performance of the stocks in each funds. As I have pointed out this performance of MFG stocks were below indexes.
    This has been corrected for last 3 months.
    If they can keep it up for longer period the sentiment will change. There is nothing magic about it, simple logic.
    As I pointed out SJP and others haven’t gain anything since they moved from MFG portfolio of stocks saying MFG is under performing the indexes. This criticism of performance against the indexes is not valid any longer.
    I am not comparing to any other fund performance like GQG or others mentioned. Most of those have a terrible very long term record.
 
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$10.64
Change
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$10.67 $10.74 $10.54 $3.296M 309.7K

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