MFG 1.02% $11.39 magellan financial group limited

Ann: Funds Under Management - February 2019, page-6

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  1. M1G
    25 Posts.
    lightbulb Created with Sketch. 5
    I am looking for a reason to get back in. I was lucky enough to have first bought MFG at $5 back in 2012... and keep accumulated for the next few years. then lost the faith two years ago when it couldn't break the 25- 29 range. sold out at about 24. and unfortunately stayed on the side lines since.

    good strong break beyond the $30 resistance mark

    time to jump back in?

    love the cost focused and disciplined Management, still founder led in Hamish, fund performance is back on top of the pack, good dividend and capital management policy and potential pipeline of new products
    hopefully in the not too distant future.
 
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$11.39
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$11.19 $11.45 $11.18 $2.892M 254.1K

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