FID fiducian group limited

Ann: Half Yearly Results and Financial Report (incl Appendix 4D), page-9

  1. 360 Posts.
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    Just out of curiosity... I am guessing FUM is very closely correlated to how the market is performing. And this correlation will likely have a Beta greater than 1 (that in a rising market inflows are likely to be larger and in a falling market we will have redemptions). I really like the FID model, but in the case of a 20% market "correction" in the next 1-3 years how would this impact the FUM of FID? Would such a correction put FID back into neutral or no profit territory or are we well past that stage?
 
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Last
$11.23
Change
0.190(1.72%)
Mkt cap ! $354.5M
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$11.00 $11.23 $10.97 $175.4K 15.83K

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No. Vol. Price($)
1 250 $11.10
 

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Price($) Vol. No.
$11.23 814 1
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
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