To follow on from previous discussions in MW's Navra Performance Tracking thread, I thought it would be interesting to get people's ideas and discuss some alternatives to what seems to be a big area of investment demand - the income managed fund. Although the main fund we discuss and compare on this forum is Navra, it is not meant to be a negative against that fund, just simply a brainstorming and discussion exercise. As far as I can tell, the major reasons people would invest in an income style fund are: - Serviceability (ie increasing income so the banks will lend more) - Debt Recycling (plugging the distributions into a non-deductible loan, presumeably with the intention of paying the loan off then redrawing it for investment activities once paid off, making it fully deductible) - Fund shortfall amounts on other negatively geared investments - A belief that the total return on the income fund will actually be more secure/more competitive/less volatile over a more growth oriented fund If there are any more please feel free to add them. If anyone has any ideas on other options for addressing any of the above, hopefully we can discuss them and nut them out here. I think including some numbers and model comparisons would be of benefit as well.