May FUM is the first leg of a tfirecta.
I expect second leg to be sufficient benchmark outperformance in May to restore outperformance on all bases: ie 1 mth, 3 mth, 6 mth, 1 yr, 3yr, 5yr and from inception basis. That will be great news for marketing and fresh client appeal.
And the third leg? Well, if June investment performance holds up, it wouldn't be too much to hope for a return to material performance fees (a few mill should already be in the bag from the High Conviction fund).
May FUM is the first leg of a tfirecta. I expect second leg to...
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Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
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| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |