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$8.43 magellan financial group limited

I am comparing Nasdaq, as most of Magellan funds are in invested...

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Jason.ctpics

1,104 Posts.

28

10/09/21

15:13

Post #: 55976821
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Originally posted by Dangero: ↑

Before you go slagging Magellan as a fund manager you need to remember what they promise. They are a defensive stock fund. For them to be outperforming at any point or even equalling the index is a big win. The Beta for the global fund the last time I looked was 0.66. People invest to make a return. This is the option to make a return with much lower risk that "the market" with beta of 1. For many long term investors the fact they hold tight during COVID and other recent downturns like end of 2018, they well outperformed the market in those times. They offer a defensive portfolio, if you want to outperform the market increase your risk. They don't need to apologise for doing what they say they will do, so research what the fund manager offers before bagging out. They have delivered returns in all types of markets with lower risk and have never promised anything else.

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I am comparing Nasdaq, as most of Magellan funds are in invested in Nasdaq. => Similar risk, if not riskier as Magellan funds are less diversified.
Magellan invest in 20-40 stocks. => Less diversified, higher risk.

MFG Price at posting: $40.58 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $8.43		Change 0.260(3.18%)		Mkt cap ! $1.523B

Open	High	Low	Value	Volume
$8.22	$8.52	$8.19	$6.295M	751.4K

Buyers (Bids)

No.	Vol.	Price($)
1	2289	$8.43

Sellers (Offers)

Price($)	Vol.	No.
$8.45	622	1

View Market Depth

No.	Vol.	Price($)
1	2289	8.430
2	3330	8.420
1	1825	8.410
2	1950	8.400
1	1830	8.390

Price($)	Vol.	No.
8.470	2358	1
8.480	11	1
8.490	3395	3
8.500	4000	3
8.510	2830	2

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last $8.46			Change 0.260 ( 3.86 %)
Open	High		Low	Volume
$8.20	$8.52		$8.20	214519
Last updated 15.59pm 03/06/2024 ?

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