INVESTMENTS - MANAGED FUNDS

Managed funds have specialist fund managers to operate and manage your investments.

A managed fund is a professionally managed investment portfolio that individual investors can buy into, purchasing 'units' rather than shares. Each managed fund has a specific investment objective. This is usually based around the different asset classes (cash, fixed interest, property and shares). The money you invest is used to buy assets in line with this investment objective.

Investing in a managed fund can deliver a number of advantages compared to direct, individual investment, including:

• Buying power – combining the investments of many individual investors provides you with a larger investment pool, the ability to invest in opportunities that require large investment outlays and are typically beyond your own personal reach. Therefore you may have access to wholesale funds.
• Economies of scale - a larger investment pool means that you can also lower the costs of investment administration by spreading them across multiple investors.
• Diversification – investors can minimise risk of any single asset underperforming by spreading your portfolio across a range of investments Choice.
• Professional management – let the investment specialists take the stress out in researching, asset allocation, ongoing management, and tracking your investments. Alternatively, you might be looking for access to a specialist asset class or to diversify your portfolio into global assets