MFG magellan financial group limited

Ann: Pause in Trading, page-119

  1. 3,139 Posts.
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    Hi All

    A general question to everyone, here is a link to a website that says Magellan’s FUM fee for St James Place is 2% per annum:
    https://citywireselector.com/fund/st-james-s-place-intl-equity/c8143

    Does anyone have any thoughts or links on what the actual fee charged is?

    I assumed 0.75% because Magellan charge a higher rate to St James Place compared to other institutions. Institutions wouldn’t accept a higher fee than 0.75% unless it is a special situation earning high returns.

    Best of Luck
    Lost

 
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