icon
icon
icon
icon

 

Managed Funds

Managed funds - also known as unit trusts - are vehicles that allow you to pool your money with a number of

other investors into a single fund that is then able to invest in assets that might otherwise be out of your reach.

Managed funds are what they say - funds managed for you by others - namely, investment professionals such

as fund managers. Managed funds can invest in a variety of assets including shares, property and fixed interest

or a combination of these. All managed funds have a prospectus which allows you to see where it is investing.

 

The attraction of managed funds is the diversification they offer. If you wanted to invest in shares but only had

$1,000, realistically you could only invest in one company. If the company performs badly, you could lose your

money. But if you invest that money in a managed fund, depending on the fund's profile, you may have an

interest in 10, 20 or even 50 Australian or international companies. The same applies to property trusts. You may

want an exposure to property in your portfolio but cannot afford to buy a house. If you invest in a property trust,

depending on the sector it invests in, you can have exposure to major shopping centres, CBD office blocks, or a

leisure resort.

 

Investing in a managed fund also gives you the benefit of a professional fund manager. Fund managers have access

to much more research than the average investor and presumably a better knowledge of investment markets. Of

course, you won't necessarily have the control to choose the individual investments made by the fund manager, but

with thousands of managed funds now on the market, you'll certainly be able to choose a fund that reflects your risk

profile and closely mirrors the choices you might yourself have made.

 

If you decide to invest in managed funds using a regular savings plan, because you are contributing a set amount

each month, managed funds are also a simple and convenient savings vehicle.

 

There are managed funds for virtually every investment objective. Contact us to arrange a complimentary initial interview with a

Best Wealth Creation adviser to discuss those whose objectives are best suited to helping you work towards your financial goals.

Why would you choose a financial adviser from Best Wealth Creation in Townsville?

Our personalised advice includes input from a team of experts in financial planning, tax, investment, superannuation, estate planning and philanthropy based on your requirements. This comprehensive approach helps ensure we can identify the most effective way to enhance your financial circumstances. Our advice can also be supported through an ongoing relationship with Best Wealth Creation which allows you to choose the level of our ongoing participation in your financial affairs.