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2.54%

$9.98 magellan financial group limited

Underperformance on the three month metric still -3% for the...

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Jean Luc Bergman

1,188 Posts.

92

09/01/22

14:34

Post #: 58734755
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Originally posted by Chella: ↑

very very interesting chart. Exactly what I have been saying, it will take few more months to show up better the discrepancy. Regarding MFG, as I said impact will be less than index or other funds. FAANG, MSFT and those consumer goods companies have the BS to take advantage of the distress companies.
If you go by last 18 months, when you do badly against index, funds will withdraw and reverse should take place when you do better.
From management point of you obviously it is easier to sell something when you are doing better than the benchmark, MFG will get it chance again to attract small funds of 2 to 3 billion again. They have the previous record of doing well to back their claim.
December 21 performance may be the turning point after more than 12 months of underperformance.

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Underperformance on the three month metric still -3% for the global fund.

MFG Price at posting: $19.29 Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last $9.98		Change -0.260(2.54%)		Mkt cap ! $1.784B

Open	High	Low	Value	Volume
$10.08	$10.15	$9.87	$5.098M	509.9K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	$9.96

Sellers (Offers)

Price($)	Vol.	No.
$9.99	1753	1

View Market Depth

No.	Vol.	Price($)
1	1000	9.960
3	8363	9.930
1	2091	9.920
1	1723	9.910
1	2091	9.900

Price($)	Vol.	No.
9.990	1753	1
10.020	2091	1
10.040	2091	1
10.050	2091	1
10.060	7363	2

Last trade - 16.10pm 08/10/2024 (20 minute delay)

MFG (ASX) Chart