Managed funds have become a critical element in the investment plan of many Australians, and yet they can often perceived as shrouded in mystery (particularly when you consider the recent returns of many of them!). But, as the stock market shows signs of a rally so, too, many investors turn to managed portfolios to increase the gains on their hard-earned funds.
This book is timely, with both DIY super trustees and investors crying out for quality unbiased information regarding managed funds. And, as market forecasts seem to improve now, more than ever, investors will want to find the best location for their funds.
Following on from the success of last year's edition, this book is a unique venture combining the strengths of Neville Ward Direct, Australia's largest direct marketer of managed funds, and MorningStar, the independent ratings agency.
Divided into two parts, the first section will explain exactly what constitutes a managed fund, the different categories and classes, how to invest in them and how to compare and contrast the features of each fund. Information on tax, gearing and general investment principles will also be included.
The second part will feature one fund per page and highlight 100 top managed funds as judged by MorningStar ratings and the filtering system designed by Neville Ward Direct.
