Are you new to investing? If you’re like most people, financial jargon can make your head spin. We’re here to help you bridge the gap in an engaging and jargon free way. In the first of this new series, an infographic explaining what a managed fund is and how it works.
This information does not take into account your personal objectives, financial situation or needs. You should consider if the relevant investment is appropriate having regard to your own objectives, financial situation and needs.
What is a Managed Fund?
Wonder what’s a managed fund? Managed funds are a popular way to build your wealth over the long term.
Managed funds provide a simple way to diversify your investment to reduce risk. If you have a limited amount of money to invest, instead of buying say a few shares you could invest in a managed fund to get access to a whole portfolio of shares to better spread your risk.
If you don’t have the time or knowledge to pick stocks and manage your investments yourself, you could leave this to professional investment managers to do it for you by investing in a managed fund.
How do managed funds work?
Managed funds combine your money with other people to invest into a fund that is managed by professionals.
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