MFG magellan financial group limited

Chasing Last Years Winners - A Losing Strategy, page-14

  1. 1,114 Posts.
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    PTM fum has gone from $30B at its prime to $22B over time in a raging bull market. they have been bleeding FUM for many years. flatlining FUM for magellan is a best case. you can see in your table for PTM that fees coming down. costs going up. its not a great outcome for shareholders. stocks gone from $5.0 to $2.7 v quickly. PTM is also high cost. charges same management fee, but no performance fee. so magellan more expensive. the business model is retail money is dumb and will stick around so gouge the fees as long as possible till the investors wisen up.
 
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(20min delay)
Last
$8.09
Change
-0.320(3.80%)
Mkt cap ! $1.396B
Open High Low Value Volume
$8.33 $8.55 $7.98 $13.93M 1.715M

Buyers (Bids)

No. Vol. Price($)
1 1000 $8.07
 

Sellers (Offers)

Price($) Vol. No.
$8.10 1141 2
View Market Depth
Last trade - 16.14pm 23/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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