Hi Jean I think end of Dec 21 numbers are as follows. MGOC. World Indexes AUD 1 month. 3%. 1.69% 3 month. 6%. 7.01% For the last 3 months the underperformance is only 1% and for month of December 21 MGOC over performed by 1.31%. This is the first month in more than a year MGOC beat world index at all. This % are after accounting for fees. What does it mean? Retail investors who have moved over last 1 year due to underperformance of MGOC would have been better off in December staying with MGOC. On annual basis if you extrapolate December quarter results, the underperformance of MGOC is down to 4%, no longer in that 22% range when everyone was screaming. Let’s hope this trend will continue with last week’s interest rate now up to 1.8%, moving towards normal settings.
MFG Price at posting:
$19.29 Sentiment: Buy Disclosure: Not Held
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