It seems like SJP charges up to 1.85% to the investors who deposits with them. In turn the maximum they pay out is .75% to fund managers like MFG whom they employ.
My digging around for information on SJP association with Magellan says their investment is around £7 B as at June 2021.
It seems there are 3 funds managed by MFG on the behalf of SJP amounting to 4.6, 1.6 & .7 B each.
Did MFG loose mandate for all 3 ?. We will know tomorrow.
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MFG
magellan financial group limited
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3.15%
!
$8.15

It seems like SJP charges up to 1.85% to the investors who...
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Last
$8.15 |
Change
-0.265(3.15%) |
Mkt cap ! $1.401B |
Open | High | Low | Value | Volume |
$8.33 | $8.55 | $7.98 | $10.00M | 1.230M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 3994 | $8.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.15 | 1252 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 2305 | 8.130 |
23 | 4569 | 8.120 |
20 | 4478 | 8.110 |
11 | 3947 | 8.100 |
13 | 3753 | 8.090 |
Price($) | Vol. | No. |
---|---|---|
8.140 | 474 | 9 |
8.150 | 2100 | 12 |
8.160 | 8090 | 19 |
8.170 | 7907 | 9 |
8.180 | 3877 | 8 |
Last trade - 14.58pm 23/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |