MFG magellan financial group limited

MFG Core Series, page-2

  1. 3,139 Posts.
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    Hi @zudjian

    Why are investors investing in MFG when they can almost triple their returns in Platinum? See the performance in charts below.
    Platinum Health Care and their other funds are available in HUB24's Choice menu. This is along with a lot of other Fund Managers with three times the returns of Magellan.
    Platinum performance
    https://hotcopper.com.au/data/attachments/3593/3593786-b89202ebec1eb1d1afc7e3b57c40e131.jpg
    Magellan performance
    https://hotcopper.com.au/data/attachments/3593/3593792-1896fa2826f2fe5861105bf853e38382.jpg

    Magellan's fees range from 2.5% to 1.35% (ex-Infrastructure, which as you can see is a pretty bad place to put any money).
    Platinum's fees range from 1.35% to 1.1%.

    NB: I don't own shares in either Fund Manager. I am interested in why investors wouldn't want to maximise their returns.

    Best of Luck
    Lost


 
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(20min delay)
Last
$8.50
Change
0.410(5.07%)
Mkt cap ! $1.465B
Open High Low Value Volume
$8.24 $8.58 $8.24 $8.441M 996.4K

Buyers (Bids)

No. Vol. Price($)
1 1000 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.51 3265 2
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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