I think more important comparison is performance of MFG fund global equity vs MSCI index in A$. As per our calculations MFG (MGOC) in December 21 performance was 3% after FX impact too. Has anyone got the MSCI world index in AUD numbers for December 21.? According my calculations it is 1.7% for December 21 after converting to A$. If this is correct that is the over performance I have been waiting to show MFG funds will compete and longer term will outperform indexes under normal economical conditions without stimulus fed liquidity. Appreciate if the MSCI world index in AUD of 1.7% can be confirmed. It seems like MSCI has not updated in AUD yet, however I have used MSCI world index in US$ and converted back to A$ with the fx movement for December 21.
MFG Price at posting:
$21.40 Sentiment: Buy Disclosure: Held
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