Like fixing your car, or renovating your home, it boils
down to a simple question. Do you want to do it yourself, or will you get
greater value by paying professionals to do it?
Many people simply don't have the time or expertise to follow the investment
market. The advantage of a managed fund is that professional fund managers
actively investigate and monitor the investments they make on your behalf. With
a managed fund, you can stick to what you do best and put professionals to work
for you.
Say you want to invest in shares but only have $2,000. Realistically, you
could probably only invest in one single company. That puts all your eggs in
one basket. But with a managed fund, your $2,000 goes a lot further. Because of
your fund's collective buying power, you may have an interest in many different
companies, across different asset classes.
Specialist fund managers can locate opportunities such as global property
and international shares that may be out of reach of the individual
investor.
With inflation, your dollar buys less over time. Some managed funds can
provide performance ahead of inflation, and flexible access so that you can get
your money when you need it.
A managed fund is an easy and convenient way to invest while you get on with
your life. You can make a one-off lump-sum payment, or choose a regular savings
plan that you can pay into with regular deductions. As well as receiving
regular reports, with many of today's funds, you can keep track of your
investments at any time by viewing your accounts online.
If you have super, you are already investing. For most workers, fund
managers invest your super on your behalf. But don't forget that it is still
your money, and you can make choices about how it is invested.
Check out your super choices in
the 'Super & retirement' section.