Managed Funds Managed Funds Allocation.

Discussion in 'Shares & Funds' started by shouldisell, 10th Sep, 2008.

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  1. crc_error

    crc_error The Rule of 72

    Joined:
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    Location:
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    www.netwealth.com.au

    it costs 0.8% PA however they get you into the wholesale version of funds which have lower management fee's which often covers netwealths fee's.

    The benefit is you can invest in most managed funds under 1 platform, and you get 1 tax statement at the end of the year. You can also see your profit and loss for each fund and you can setup a regular investment plan to invest into funds you select. Most funds have min's if you go direct making it hard to setup a regular investment plan.

    Within their super platform you can even purchase direct shares, so its as close to a self managed super fund as you can get.
     
    crc_error, 15th Oct, 2008
    #41
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