I currently have 5 different managed funds: Aust Unity Property Securities Growth CFS MIF - Geared Share Fund CFS MIF - Global Resources Fund Goldman Sachs JBWere Emerging Leaders Fund Macquarie - Small Companies Growth Trust I've invested through a discount broker and I put some money in each month. I've become a little annoyed at Aust Unity in the way that their statements fail to arrive now for my monthly distributions and they have been last twice in a row to arrive at tax time (I still haven’t got the letter from them yet). I was thinking about switching the Aust Unity fund over to a CFS property fund. I’m not just saying this because of the recent events/performance of the fund, I have been thinking about it for a while. I also purchased this fund when I first started partly (ok, ok, mainly) on the back of a huge return the other reasons were that I wanted a property fund and also a growth fund. I knew nothing about managed funds and I had to start somewhere . While I don’t regret my decision now (I have learned from the experience) I will do things again differently next time. I may even swap the others over to a CFS fund too. I like to online flexibility of CFS, the way you can add to and view your funds online by BPAY etc. I’m sure now is not really the time to switch as the market has had a correction, but what do you think about the idea in general? Ultimately I’m in managed funds for the long term, however there is no point sticking to the fund with the management issues. How does one weigh up cutting losses vs. holding out for a bit longer to see if things pickup before getting out of the fund. What are the implications of swapping; naturally there will be CGT, anything else I might be missing? Is it pretty easy to withdraw your money? The other option I’ve thought about is simply stopping my monthly contribution into the fund and using that money elsewhere. We aren’t talking about a substantial amount of money here, $250 a month and a total of about $4000 invested.