"IOOF Holdings Limited (ASX: IFL, OTC: IOOFY) has achieved positive net flows of $895 million in funds under management, administration and advice (FUMA) for the second quarter of the 2018 financial year (prior comparative period (pcp): $528 million, up 70%)."
Up 70 percent....!
Wow, have held IFL for a number of years - thru all the controversies and criticism, internal reviews and politicing, and feel pleased when I see growth forecasts such as Commsec are now displaying.
Considering moving some funds out of BOQ across to IFL, (clearly current div yields at IFL are inferior to BOQ), however near term growth for IFL I find compelling, with slight concerns regarding the regional banks leading one to consider the switch.
Ann: FUMAS for period ended 31 December 2017, page-2
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$3.12 |
Change
-0.015(0.48%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.14 | $3.06 | $1.978M | 635.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 34 | 44012 | $3.11 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 8936 | 13 |
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