What are Managed Funds?
Managed funds is the pooling of funds by a number of investors. These funds are then controlled by a fund manager. The fund manager will use numerous resources to decided how, when and what shares to buy on your behalf.
Returns are often paid to you throughout the year. The price of a managed fund can move just like a singular share and may or may not be listed on a stock exchange, using local or international investments. As there are many funds available, it is always recommended to seek professional advice to be able to save time and to make the correct decision for your situation.
Why use a Managed Fund?
Managed funds are great for diversification and professional management of your investment. As there are many funds available, it is always recommended to seek professional advice, not only to save time but to gain the best returns for your situation.