MAGELLAN FINANCIAL GROUP LIMITED ('MAGELLAN') FUNDS UNDER MANAGEMENT (FUM) AND PERFORMANCE FEE UPDATE 1 AS AT 30 DECEMBER 2016

A$ million

30 Dec 2016

30 Nov 2016

Retail

13,650

13,083

Institutional

- Australia/NZ

4,617

4,454

- North America

10,117

10,214

- Rest of World

18,131

17,114

32,865

31,782

Total FUM

46,515

44,865

Global Equities

- Australia/NZ

15,548

14,958

- International

23,963

23,127

39,511

38,085

Infrastructure Equities

7,004

6,780

Institutional FUM (%)

- Active

87%

87%

- Enhanced Beta

13%

13%

In December, Magellan experienced net inflows of $115 million, which included net retail inflows into Global Equities strategies of $92 million, net retail inflows into Infrastructure Equities of $34 million, and net institutional outflows of $11 million.

Magellan is entitled to performance fees of approximately $3.5 million for the six months ended 31 December 2016. Performance fees (if any) may fluctuate significantly from period to period.

9 January 2017

1 Funds under management and estimated performance fees are approximate and rounded, and have not been audited.

Magellan Financial Group Limited published this content on 09 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2017 22:57:07 UTC.

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