Join our investing community

MQ Gatway vs Commonwealth MultiSelect

Discussion in 'Managed Funds & Index Funds' started by evisional, 21st May, 2008.

  1. evisional

    evisional Well-Known Member

    Joined:
    23rd Aug, 2007
    Posts:
    51
    Location:
    Melbourne
    I intend to invest in either MQ Gateway or Commonwealth MultiSelect and prepared a comparision table as below. I find MQ Gateway seem to be better in term of interest rate. Does anyone have any comments?

    [​IMG]
     

    Attached Files:

  2. crc_error

    crc_error The Rule of 72

    Joined:
    1st May, 2007
    Posts:
    1,367
    Location:
    Melbourne, VIC
    from my experiance, I would not touch any Macquarie products.. their customer service is pathetic. They have so many internal problems, they can't even process withdrawels quickly, takes them months, all while they still charge you interest.. and then expect to wait forever for your annual tax statement, I got mine after I was due to lodge my tax return.. and then 12 months later I get a letter stating they made a error in interest charges and that I owe them $950. this is 12 months AFTER I closed my account with them..
     
  3. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    What is your goal for this investment? Why are you considering these products?
     
  4. mumeco

    mumeco Active Member

    Joined:
    2nd Apr, 2008
    Posts:
    31
    Location:
    NSW
    Yes, please tell us as I am quite interested in learning about it. The time frame seems quite short (3.5 yrs) for the selling point of capital growth, esp in Asia where things happen quickly but take a long time to recover.

    Seems similar in concept to the HSBC BRICs but that matures after 10 years.