Hi EveryoneOne article illustrates why I believe PAC growth...

Hi Everyone

One article illustrates why I believe PAC growth prospects are so high:
https://www.reuters.com/article/us-markets-flows-idUSKBN2BW15S

Key point is that $USD569B flowed into US funds in the last five months or $A745B. I believe it shows trend of fund flow into ETFs has reversed.

To put into context, Australia’s superannuation sector had $3T invested as at December 2020.
Australia’s FUM is $4T as at December 2020.
(ref: https://www.abs.gov.au/statistics/economy/finance/managed-funds-australia/latest-release)

Another point in article is US year on year profit growth expected to be 23.8%, largest since 2018.

Biden Administration has got the US pumping finally and will likely grow more with latest infrastructure bills likely to proceed in the next couple of months.

If any of PAC’s funds aren’t growing in this environment, they ought to be shutdown. Growth and performance expectations are very high.

Best of Luck
Lost