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Best discount fund provider?

Discussion in 'Managed Funds & Index Funds' started by lateron, 11th Mar, 2007.

  1. lateron

    lateron Member

    Joined:
    11th Mar, 2007
    Posts:
    6
    Location:
    Sydney
    I have only just found InvestED and have been on it all night.

    I have read hundreds of posts and it seems when talking about managed funds there are a few discount brokers such as investsmart, 2020 and direct access. I am wondering who is the best and why?
    :rolleyes:

    PS: I work at InvestSMART.
     
    Last edited by a moderator: 12th Mar, 2007
  2. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
    I have swapped to investsmart because of the trailcap and the portfolio management facility.

    Happy so far.
     
  3. voigtstr

    voigtstr Well-Known Member

    Joined:
    24th Jan, 2007
    Posts:
    679
    Location:
    Hobart
    if you dont intend using a margin loan and want to invest in wholesale funds with only 1000 dollars then e*trade is an ok place to start.

    if you have enough cash to meet the minimum investment requirements then investsmart looks good. To be honest I havent checked out the features of 2020 or direct access (is that the name of a broker or do you really mean direct access ie invest by directly approaching the fund manager)
     
  4. Bantam Roosta

    Bantam Roosta Well-Known Member

    Joined:
    7th Feb, 2007
    Posts:
    115
    Location:
    Canberra, ACT
    Direct Access

    Voigtstr,

    You can find them here. I think they are similar to others in that you don't pay entry fees and can monitor all your investments.

    I haven't used any of these companies before so can't help with personal preferences.

    BR