MFG magellan financial group limited

The business model is broken in my view because it relies on MFG...

  1. 810 Posts.
    lightbulb Created with Sketch. 93
    The business model is broken in my view because it relies on MFG being able to continue to charge fees to its managed funds which are not competitive.

    Index funds (like QUAL) and low cost managed funds (like MFF) have and will continue to kill it.

    It has had a bit of a fillip with the US stock market surge, but that will correct.

    You can't really celebrate the fact that the funds outflow has slowed. There is still an outflow.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$10.44
Change
-0.255(2.39%)
Mkt cap ! $1.795B
Open High Low Value Volume
$10.50 $10.50 $10.34 $1.267M 121.7K

Buyers (Bids)

No. Vol. Price($)
16 1338 $10.43
 

Sellers (Offers)

Price($) Vol. No.
$10.44 655 10
View Market Depth
Last trade - 11.45am 01/08/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.