Do LIC Managers add value?
Interesting to see the performance of Global Fund peers:
Unfortunately MGF doesn't get a mention. Magellan's other Global closed fund MHH, which has very similar holdings, hasn't fared well.
Based upon available NTA data (2/12/20 to 21/6/21) I calculate MGF's return to be 6.56% before distributions.
Ann: MGF Fund Update - February 2021, page-149
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