You mean a rate rise in the United States?
So we are just trading this for currency exposure now?
I think NDQ an IXJ as tech and health global exposure at 0.4% would outperform over 5 year period than this high cost fund.
Yes he has built a successful business, mostly on the currency drop from 1.10 to 75c in AUD/USD and the demise of Kerr Neilson who kept betting contrarian and kept losing.
Very hard to beat the index over time with such a high cost structure. These Magellan fellas hardly even make bets these days, all mega cap, no brainers.
Except thier folly into Woolworths that was somehow on their radar as a global opportunity. Hamish had a full head of hair until he went high conviction on this stock.
You mean a rate rise in the United States? So we are just...
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Last
$11.39 |
Change
0.115(1.02%) |
Mkt cap ! $1.740B | |||
| Open | High | Low | Value | Volume |
| $11.19 | $11.45 | $11.18 | $2.892M | 254.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1005 | $11.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.39 | 2487 | 16 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MFG (ASX) Chart |
