FID
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2.13% $7.34 fiducian group limited

Just out of curiosity... I am guessing FUM is very closely...

  1. blackcap
    351 Posts.
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    20/02/18
    14:15
    Post #: 31190428
    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?
    FID Price at posting: $4.83 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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