MGG 1.70% $1.79 mogul games group ltd

MGG (trust) v MGE (global fund), page-13

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    MGG is able to actively manage currency.
    it is currently 49% Aussie dollar hedged.  
    MGE is unhedged.
    currency movements USA vs Aussie dollar can make substantial difference to fund returns.
    as the Aussie dollar has fallen in recent times,  it is not surprising at all that MGE returns
    have been greater than MGG.
 
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Currently unlisted public company.

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