Platinum funds have lost a lot of talent, the founder himself and their Asia funds manager decided to open shop.
i followed the Asia fund manager, invested in the open but with China, their fund is taking a beating, down 6% since FY.
I’m coming to the conclusion, despite the many proof. That select fund out performance are short lived and eventually will come back to the mean or below
So as a investor, you pick the themes and let the fund manager execute
rather than stay invested in a single fund indefinitely.
im a little cautious about Magellan key holdings, you only need to read headlines to understand US tech is screaming expensive, it will appear even more expensive should rates go up next year as advertised.
MFG Price at posting:
$32.37 Sentiment: Hold Disclosure: Held
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