I recall reading on here sometime ago about a LOE strategy that involved holding growth funds and simply drawing down cash from the margin loan as required. The more I think about it, the more it makes sense in my personal situation. Not only could I drastically reduce my tax bill but I may also become eligable for some Family Tax benefit which would be very useful. The question is are there any funds out there that fit the bill. Something conservative such as Navra, but that retains growth in the unit price rather than paying it out, would fit the bill. Has anyone come across such a fund or have any ideas?