FID fiducian group limited

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

  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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(20min delay)
Last
$9.50
Change
-0.050(0.52%)
Mkt cap ! $299.8M
Open High Low Value Volume
$9.50 $9.50 $9.35 $299.3K 31.69K

Buyers (Bids)

No. Vol. Price($)
1 879 $9.36
 

Sellers (Offers)

Price($) Vol. No.
$9.50 110 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
FID (ASX) Chart
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