I didn’t say you could have predicted it. I got it wrong myself, however wasn’t over exposed. As someone said above, active managers end up taking larger risks with your money to generate alpha. They took on too much China risk. and that alpha is often only 0.5% to 2% if they beat it. So why bother? It’s highly unlikely any manager gets more than a couple years of alpha based on stats, then the underperformance offsets the alpha.
…..
and just like that you realise an index fund was better. Equally you don’t even need to watch it.
I didn’t say you could have predicted it. I got it wrong myself,...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.44 |
Change
-0.050(0.53%) |
Mkt cap ! $1.706B | |||
| Open | High | Low | Value | Volume |
| $9.53 | $9.67 | $9.42 | $3.361M | 352.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1229 | $9.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.45 | 1457 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |