I was considering using the Navra retail fund quarterly distributions to cover rental shortfall, LOC interest and margin loan interest. A 6 month buffer initally would be used to ensure cash flow. It has been discussed elsewhere that Navra isnt as efficient because the regular income is taxed and there is little in the way of franking credits. How would regularly drawing money out of CFS452 Australian Geared fund compare. Instead of regular income tax on the drawings wouldnt I have to account for capitol gains tax instead? Isnt the captiol gains tax higher (some cash would be in for over a year, but I would be contributing monthly to the fund as well). One benefit of CFS I see is that there is no minimum amount to redraw, so I could withdraw exactly what is needed each month or fortnight to meet interest costs and rental shortfall. Whether I use I Navra or CFS I would be topping up them up each month anyway. Are there any pros or cons to using on fund over the other for the stated purpose? With CFS I can see that I would be eating into the number of units held and then paying back between 2 and 4 times what I took out each month. With Navra I would also be contributing between 2 and 4 times what my costs are but using distributions to keep topping up the buffer (and using salary when the distribution wasnt enough) Over time I want to acculate more units in what ever fund so that I could purchase other properties as well (hopefully using LOC's for the purchase price and the fund to meet the interest costs and rent shortfalls) Which fund is the better fit?