MFG 0.22% $9.27 magellan financial group limited

Valuation still looks convincing, page-35

  1. 2,871 Posts.
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    Based purely on performance and the AUD/USD movements, FUM has increased by $1.34B in AUD Terms. Given the FUM outflows for the last two months were $2.4B for October and $3.6B of September, the end FUM number could be in the range of $49.8B (-2.3%) and $48.2B (-5.5%).
    https://hotcopper.com.au/data/attachments/4880/4880716-63aa8222cca403eb4b0787838f879e1f.jpg

    Here is the performance for each fund in USD terms:
    https://hotcopper.com.au/data/attachments/4880/4880746-091d0ea89d76967dff8b433e3fa4ff82.jpg
    https://hotcopper.com.au/data/attachments/4880/4880748-c6cffe73fa8bbec65c63b673bf391fc3.jpg
    Best of Luck
    Lost
 
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