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The other side of the coin - MFG is currently a buy
What I hope to achieve is to give a sense that (MFG) at this time is a worthy buy (well I think so) only time will tell. When you are reading my reasoning all I say is be objective, rather than jumping to conclusions. First off, I'll have to admit Magellan Financial Group share price is down after the fund manager gave its monthly Fund Under Management (FUM) update for February 2021.

Strengthening my position - an article by - Jaz Harrison
Jaz is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.

Jaz goes on to say - I think the Magellan share price is a buy
The Magellan share price has suffered in the wake of this inflation/interest rate sell-off. It has dropped over 30% since 20 November 2020. Some of Magellan’s investments haven’t grown recently, but this is a very "short-term horizon" in investment terms.

However, there are also a number of attractive features about Magellan
Magellan continues to see Funds Under Management (FUM) inflows. Magellan’s new investments – Guzman y Gomez, Barrenjoey, and FinClear – are all doing well. If you read the Australian Financial Review, you might have seen that Barrenjoey seems to pinch a quality individual from other local investment banks at least once a week.

Another reason to think that Magellan can be a solid performer
Magellan has a high dividend payout ratio. Fund managers don’t need to keep much capital to grow, so Magellan can pay large dividends to investors – this adds to the total shareholder return, without impacting growth much. Magellan currently has a trailing partially franked dividend yield of 5.1%. Using earnings estimates on Commsec, it’s valued at under 14 times the projected earnings for the 2023 financial year. So, that positive.

So, why update you on Magellan?
There was chatter on the Magellan thread "that's" falls outside my current thinking. In my opinion "Magellan" has positioned itself for long-term gains. I'm counting on Magellan recovering to its previous glory & if it does "capital gains" will be jumping off the screen. (that my end Game)

Skate.

<blockquote data-quote="Skate" data-source="post: 1114590" data-attributes="member: 57364">The other side of the coin - MFG is currently a buyWhat I hope to achieve is to give a sense that (MFG) at this time is a worthy buy (well I think so) only time will tell. When you are reading my reasoning all I say is be objective, rather than jumping to conclusions. First off, I&#039;ll have to admit Magellan Financial Group share price is down after the fund manager gave its monthly Fund Under Management (FUM) update for February 2021.Strengthening my position - an article by - Jaz HarrisonJaz is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn&#039;t sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.Jaz goes on to say - I think the Magellan share price is a buyThe Magellan share price has suffered in the wake of this inflation/interest rate sell-off. It has dropped over 30% since 20 November 2020. Some of Magellan’s investments haven’t grown recently, but this is a very &quot;short-term horizon&quot; in investment terms.However, there are also a number of attractive features about MagellanMagellan continues to see Funds Under Management (FUM) inflows. Magellan’s new investments – Guzman y Gomez, Barrenjoey, and FinClear – are all doing well. If you read the Australian Financial Review, you might have seen that Barrenjoey seems to pinch a quality individual from other local investment banks at least once a week.Another reason to think that Magellan can be a solid performerMagellan has a high dividend payout ratio. Fund managers don’t need to keep much capital to grow, so Magellan can pay large dividends to investors – this adds to the total shareholder return, without impacting growth much. Magellan currently has a trailing partially franked dividend yield of 5.1%. Using earnings estimates on Commsec, it’s valued at under 14 times the projected earnings for the 2023 financial year. So, that positive.So, why update you on Magellan?There was chatter on the Magellan thread &quot;that&#039;s&quot; falls outside my current thinking. In my opinion &quot;Magellan&quot; has positioned itself for long-term gains. I&#039;m counting on Magellan recovering to its previous glory &amp; if it does &quot;capital gains&quot; will be jumping off the screen. (that my end Game)Skate.</blockquote>

[QUOTE="Skate, post: 1114590, member: 57364"] [B]The other side of the coin - MFG is currently a buy[/B] What I hope to achieve is to give a sense that (MFG) at this time is a worthy buy (well I think so) only time will tell. When you are reading my reasoning all I say is be objective, rather than jumping to conclusions. First off, I'll have to admit Magellan Financial Group share price is down after the fund manager gave its monthly Fund Under Management (FUM) update for February 2021. [B]Strengthening my position - an article by - Jaz Harrison[/B] Jaz is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments. [B]Jaz goes on to say - I think the Magellan share price is a buy[/B] The Magellan share price has suffered in the wake of this inflation/interest rate sell-off. It has dropped over 30% since 20 November 2020. Some of Magellan’s investments haven’t grown recently, but this is a very "short-term horizon" in investment terms. [B]However, there are also a number of attractive features about Magellan[/B] Magellan continues to see Funds Under Management (FUM) inflows. Magellan’s new investments – Guzman y Gomez, Barrenjoey, and FinClear – are all doing well. If you read the Australian Financial Review, you might have seen that Barrenjoey seems to pinch a quality individual from other local investment banks at least once a week. [B]Another reason to think that Magellan can be a solid performer[/B] Magellan has a high dividend payout ratio. Fund managers don’t need to keep much capital to grow, so Magellan can pay large dividends to investors – this adds to the total shareholder return, without impacting growth much. Magellan currently has a trailing partially franked dividend yield of 5.1%. Using earnings estimates on Commsec, it’s valued at under 14 times the projected earnings for the 2023 financial year. So, that positive. [B]So, why update you on Magellan?[/B] There was chatter on the Magellan thread "that's" falls outside my current thinking. In my opinion "Magellan" has positioned itself for long-term gains. I'm counting on Magellan recovering to its previous glory & if it does "capital gains" will be jumping off the screen. (that my end Game) Skate. [/QUOTE]

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