MHH 0.00% $1.78 magellan high conviction trust

Agree, but at the moment they are underperforming which is a...

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    Agree, but at the moment they are underperforming which is a fact. Most fund managers do not outperform vs the index over the long term.

    Omitting any distributions for simplicity, these are the performance figures vs the Nasdaq ETF.

    MHH (ASX listed) 11 Oct 2019 Share Price $1.5 , 4 Feb 2021 Share Price $1.48 - 1.3% Fall
    NDQ (ASX listed) 11 Oct 2019 Share Price $19.51 , 4 Feb 2021 Share Price $29.01 - 48.7% Gain

    Since the listed time frame is so short, we can also compared vs the unlisted trust

    MHH (Unlisted) 29 May 2015 Holding Value $15,753 , Dec 2020 Holding Value $26,763 - 69.9% Gain
    NDQ (ASX listed) 29 May 2015 Share Price $10.26 , 4 Feb 2021 Share Price $27.68 - 169.8% Gain

    Also during last years Feb-Mar falls there was significant underperformance.

    MHH drop during the Feb-Mar 2020 drop - 38.07% Fall
    NDQ drop during the Feb-Mar 2020 drop - 20.17% Fall

    I still hold but haven't gone all in as previously.

    DYOR

 
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Currently unlisted public company.

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