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109.15
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17,093.50
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39,023.71
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38,797.51
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109.15
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78.00
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2,163.90
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46.11
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109.15
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17,093.50
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38,797.51
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109.15
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78.00
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2,163.90
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46.11
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Iron Ore
109.15
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17,093.50
(3.05%)
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39,023.71
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38,797.51
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0.6617
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78.00
(0.57%)
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2,163.90
(-0.1%)
Lithium
46.11
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Iron Ore
109.15
(1.77%)

Magellan Financial Group (ASX: $MFG) reports flat net flows in April

Magellan Financial Group FUM Update as of April 30, 2024


Magellan Financial Group Limited (ASX: $MFG) has released an update on its funds under management (FUM) as of April 30, 2024. In April, the net flows remained flat, consisting of net retail outflows of $0.2 billion and net institutional inflows of $0.2 billion.

Executive Commentary on April Net Flows


The April net flows remained steady, with net retail outflows offset by net institutional inflows. We continue to focus on managing our funds effectively to deliver value to our investors. The figures are approximate and rounded, and have not been audited.

Summary of Magellan Financial Group FUM Update


Magellan Financial Group Limited (ASX: $MFG) reported flat net flows in April, with net retail outflows of $0.2 billion and net institutional inflows of $0.2 billion. The company emphasized its commitment to effectively managing its funds to provide value to investors. The figures provided are approximate and rounded, and have not been audited. Magellan Financial Group remains focused on its strategic goals and delivering results for its stakeholders.

MAGELLAN FINANCIAL GROUP LIMITED
MFG | ASX | Financials
9.50.43(+4.74%)
At close 05/07 (AEDT)
Market cap
$1.6B
Volume
1,462,517
DY Yield
7.28
PE Ratio
8.5
52 Week Range
6.06 - 10.726
1YR Return
-29.263%

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