I gave up on trying to figure out MGG thing after holding them for a while, and considered the other products Magellan have such as MGE and even their Private funds as I know they are good holds long long term but MGG just wasn't giving me growth, and traded into MFG instead, turned out to be a good move, up 26% since October when I bought in. MGG is still at the same price I sold it for 1.63 and MGE has gone up from 5c in the same period. Buy MFG instead and you'll get a better return.
I gave up on trying to figure out MGG thing after holding them...
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