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Magellan Financial Group (MFG)

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Question asked 13/09/2025

Magellan Financial Group (MFG)

What are your current views on MFG. They seem to have gone out of the news lately and things appear quite settled on the surface. Are they a reasonable risk at current prices

Answer

Hi Les,

MFG delivered a solid FY25 result in August with strategic partnerships driving growth. The company paid a final dividend of 25.9c and a special dividend of 21c, both fully franked, and we continue to believe this is an attractive yield play, albeit at the riskier end of the spectrum. Plus, we should remember the stock has been highly correlated to the ASX over the last few years hence, by definition, it’s a stock for the bulls.

We recently sold out of MFG in the Income Portfolio, seeing better value in the beaton up GQG Partners (GQG).

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Magellan Financial Group (MFG)

LAST UPDATED 12/09/2025 14:23

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