- Don’t get stuck paying the fee’s to a fund that not right for you!
- Don’t mistake a bull market for a good fund manager!
A MANAGED FUND works by pooling your money in with other investor’s money, this cash can then be used by the fund manager to invest in a diverse range of assets, including;
- different shares
- different companies
- major infrastructure developments
- commercial developments.
The advantage of putting your money in a managed fund is that you are not putting all your eggs into one basket, instead of investing in one company, or in one home, your cash will be spread over many different investments, with many different returns, plus it will all be managed for you!
There are many different managed funds out there, and it can be a challenge to choose the right one, from banks to brokers, each fund has positives and negatives, some charge huge fees, some don’t, some might make you rich, while some might send you bankrupt!
Making sure you choose the right managed fund to invest your hard earned money in, is where getting the best advice and the best help from a financial adviser is extremely important. The You Finance team have over 25 years experience in the industry, contact us now to start making your money work harder.