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Macquarie Fusion Fund

Discussion in 'Managed Funds & Index Funds' started by Simon, 4th Nov, 2006.

  1. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
    I have the PDF for this fund in front of me and am having difficulty deciphering the basic methodology of it.

    is anyone here familiar with it and can explain it in plain english to a dopey fella like me?

    Anyone actually investing in it?

    Simon
     
  2. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    You're a smart guy Simon...so does the fact you're having trouble tell you something?

    Hasn't Buffett said something about not investing in things he doesn't understand?

    Cheers
    N
     
  3. MrDarcy

    MrDarcy Well-Known Member

    Joined:
    13th Sep, 2005
    Posts:
    283
    Location:
    Sydney
    Understanding the fund is hard enought, but being a Maq product, you then have to understand how the fees work :confused:

    I haven't looked yet, need to be in the right frame of mind for this stuff !
     
  4. handyandy

    handyandy Well-Known Member

    Joined:
    6th Jun, 2006
    Posts:
    312
    Location:
    Sydney Nsw
    They will be enormous and your money is invested for the benefit of Maq:D