While AEF seems expensive here versus other fund managers, it is hard to find any ESG manager with comparable performance.
I think this is AEF's competitive advantage over other fund managers and maybe why the price is here despite the high PER.
I also had a quick look at ETHI and they are slightly performing below the benchmark. So it seems AEF might be a unique case but time will tell.
Share Price, page-530
Add AEF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.09 |
Change
0.240(6.23%) |
Mkt cap ! $461.2M | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.26 | $4.02 | $1.357M | 330.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 963 | $4.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| AEF (ASX) Chart |