MFG magellan financial group limited

Let me be perfectly plain... what is stopping an investor in a...

  1. 1,619 Posts.
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    Let me be perfectly plain... what is stopping an investor in a MFG fund...any of their funds ... "timing the stock market"?

    NOTHING

    Can they not withdrawal all their funds right now? (if they feel the market is too risky and too overvalued)...go to cash or some other asset class of their choosing, then if they judge the stock market has corrected to a value they now see worthwhile re-enter an MFG fund should they so wish?

    Just because MFG is not in "the market" of selling other (so called "more conservative") ...non stock funds, or mixed asset funds, doesn't mean it has nothing to offer, or say in 12 months on from any crash etc still be in the market of providing funds to invest in, and will have 50% or even more FUM less than it does now...

    It is in the business of competing with other funds that invest in stocks, or with direct share investing...

    Not bonds/gold/futures/derivatives or whatever "other" conservative asset class is out there..heck even cash...

    Please correct me if I am wrong...

    thanks
    Last edited by asxunsullied: 24/12/21
 
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Last
$8.41
Change
0.080(0.96%)
Mkt cap ! $1.452B
Open High Low Value Volume
$8.31 $8.41 $8.20 $12.67M 1.511M

Buyers (Bids)

No. Vol. Price($)
1 5667 $8.39
 

Sellers (Offers)

Price($) Vol. No.
$8.41 15509 3
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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