MFG in the BUY zone, page-1015

In A$ FUM improved almost by A$2B.
More importantly MGOC/MFG under performance against all other indexes are improving fast. The table indicates how much MGOC has improved this month against various indexes on running 12 months basis.The MFG total FUM including infrastructure & Australian equities has done the best for the month.
The current economical set up is well suited for MFG portfolio and it's performance against indexes is only going to keep improving.
Few months of better performance will change the course of direction of fund flow.

Performance of Indexes vs MFG & MGOC
				MTD		12mth to		12mth to
				Jan-22		Dec-21		Jan-22
S&P Asx 200				-6.7%		13.0%		5.1%
All Ord				-6.5%		12.8%		5.2%
S&P 500				-7.0%		26.9%		14.0%
CNBC MSCI World IDX				-7.2%		20.3%		8.4%
CNBC MSCI World IDX incl currency				-3.2%		26.0%		17.0%
Dow				-4.4%		19.5%		11.5%
VGS				-3.9%		27.1%		22.7%
MGOC unit price				-3.7%		12.1%		15.7%
MGOC SP				-3.8%		17.1%		14.7%
MFG(Global Equity(in A$)				-4.0%
MFG(Global Equity(in A$)+Infra+Aus Equity)				-2.9%