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.
PTM fum has gone from $30B at its prime to $22B over time in a...
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Last
$9.81 |
Change
0.190(1.98%) |
Mkt cap ! $1.773B | |||
| Open | High | Low | Value | Volume |
| $9.61 | $9.82 | $9.55 | $5.448M | 559.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 875 | $9.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.82 | 1469 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |