MFG in the BUY zone, page-1003

Hi @noomxx

Feel free to put in some effort and fully inform everyone of what you are saying. That is what hotcopper is all about.
Factoring back cash into global equities will improve performance by about 0.8%, minor variation.

We also don't know how much cash is being held until Magellan publish all updated holdings. If you re-read through all of my posts I did flag portfolio holdings are updated for the top ten holdings only. Re-weighting the top ten only has meant cash has increased to 8.8% of FUM, however in the last quarter Magellan held approximately 5% in cash.

This means the variation is likely to be 0.5%. Definitely not enough to get it back above average returns.

@noomxx, feel free to correct any of the above.

Best of Luck
Lost