MGF magellan global fund.

No doubt that was a contributor Jonboi, but they have...

  1. 1,172 Posts.
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    No doubt that was a contributor Jonboi, but they have underperformed their benchmark since inception.
    Fund performance and chart depicted in their update is not a pretty picture.
    Holding high levels of cash when others were investing in the recovery has not helped.
    I have been invested in this stock for many years. It was my first preference to gain global exposure.
    It has not served me well and I am currently sitting on a capital loss in excess of 5%.
    I have checked the hold sentiment but seriously considering my position.

 
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