Managed Funds
Managed funds are based on a simple idea - investors put their money into a 'pooled' fund which invests on their behalf in various investments according to the fund's objective.
Benefits include:
Diversification - the fund can invest in a broader range of securities than an individual investor Management - professional managers monitor your funds on a daily basis, saving investors time and money. Convenience - regular reports on your investments and transactions. Liquidity - investments in managed funds are usually easily withdrawn.
Investments available:
Cash Fixed interest Bonds Mortgages Property Australian Shares International shares Alternatives Hedge Funds