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Managed funds are for you if you don't have much spare cash and want to invest. Find managed funds where you can investy as little as $80.
What fund type might suit you and what probably won't
An investment should suit your needs: your goal, time horizon and risk profile, writes Peter Freeman.
With the sharemarket still flying, the choice of a managed fund is more important than ever. Consistency, low risk and good returns are the obvious trifecta to look for, but how do you pick a winner? Money magazine's Maria Bekiaris picked the brains of industry experts for some tips.
Investors' concerns about financial planners are twofold: are their investments being eaten up by commissions and are they being steered towards products that attract a healthy fee for the planner but are dudding the investor? Majella Corrigan says these fears raise issues of transparency and bring into focus the planner who works on a fee basis.
Maria Bekiaris unravels the mysteries of managed funds to make it easier for you to take the plunge. She explains the advantages and the risks and what you need to know.
You’ll need to understand what “units” mean if you’re to keep tabs on how your fund is performing. Majella Corrigan explains.