A managed fund is a professionally managed investment portfolio that individual investors can buy into, purchasing "units" rather than shares. Like shares your units will be calculated on a daily basis and move in line with the market.
Each managed fund has a specific investment objective so you can choose the fund that will help you meet your investment goals. Depending on the managed fund's objectives will depend on the different asset classes invested for you (as well as for all the other investors in that fund).
There are many benefits to investing in a managed fund:
- Experts manage your money. Qualified investment professionals with access to research and quality information manage these investments.
- It's easy to diversify your investments
- It's easy to set up a regular investment plan. A regular investment plan is investing over a period of time to average out the cost at which you buy the units.
Content correct as of 1/08/14.
Last Updated on Tuesday, 12 August 2014 15:23