Yes, fund performance is what matters. All other things like inflow, SP, dividend are secondary. Fund performance over next 6 or 12 months will be critical now for MFG. Fund performance is based on portfolio of shares that MFG is carrying compared to various world index funds, risk associated with each portfolio etc. Now that MFG is fully invested, except for about 5% cash, difference between their performance vs world indexes will never be as dramatic as what we experienced in 2021. My expectations is it will be matter of 2 to 4% either way. Longer term MFG performance has to be better to attract or keep the funds under their management .
MFG Price at posting:
$20.89 Sentiment: Buy Disclosure: Not Held
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