Magellan Fin. (MFG) is held by 26 ASX ETFs. Over the last 6 months it fell 8.4%: on $10,000, −$835. We explain 4 big moves in that time.
About MFG
- SectorFinancials
- IndustryFinancial Services
- Size$2.4b
- Held by26 ETFs
- Big moves4 in 6M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −11.4%27 Aug 2026· Earnings Miss
Magellan Financial Group's share price fell sharply after reporting a 47% drop in net profit, significantly disappointing the market.
- +12.0%1 Jul 2026· Takeover / M&A
Completion of the Barrenjoey merger, creating a $45bn funds manager and triggering a leadership overhaul
- −8.9%7 May 2026· Operational
Magellan handed A$5.3bn of flagship funds to Vinva and slashed fees, triggering an operational update that spooked investors.
- −6.9%5 May 2026· Operational
Magellan Financial Group handed A$5.3bn of flagship funds to Vinva and slashed fees, triggering a significant selloff.
Held by 26 ETFs
Of every $10,000 in each fund, how much is in MFG today.
- AQLTBetaShares Australian Quality ETF$1261.26%
- ISOiShares S&P/ASX Small Ordinaries ETF$560.56%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$560.56%
- VSOVanguard MSCI Australian Small Companies Index ETF$290.29%
- IHDiShares S&P/ASX Dividend Opportunities ESG Screened ETF$260.26%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$210.21%
- AUMFiShares Edge MSCI Australia Multifactor ETF$210.21%
- ZYAUGlobal X S&P/ASX 200 High Dividend ETF$200.20%
- OZFSTATE STREET SPDR S&P/ASX 200 FINANCIALS EX A-REIT ETF$200.20%
- GRPAGlobal X S&P Australia GARP ETF$200.20%
Why did MFG fall 8.9% on 7 May 2026?
Magellan Fin.
Magellan handed A$5.3bn of flagship funds to Vinva and slashed fees, triggering an operational update that spooked investors.
Multiple news articles on the event date and preceding day specifically attribute the fall to Magellan's decision to hand over A$5.3bn in flagship funds to Vinva and slash fees, which is an operational restructuring that directly impacted the company's revenue outlook. The broad market coverage (Stocks Down Under, Motley Fool, Kalkine, thebull) all report the same trigger, confirming a single clear cause for the downturn. This is not an earnings miss, guidance cut, or management departure; it is a functional business-operation change.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 26 ETFs holding MFG
On $10,000 in each fund, at the weight it holds today
- AQLT1.26% of the fund−$11
- ISO0.56% of the fund−$5
- SSO0.56% of the fund−$5
- VSO0.29% of the fund−$3
- IHD0.26% of the fund−$2
- GRNV0.21% of the fund−$2
- AUMF0.21% of the fund−$2
- ZYAU0.20% of the fund−$2
- OZF0.20% of the fund−$2
- GRPA0.20% of the fund−$2
The 10 that hold it most. All 26 are listed on the page under Held by.