Managing Your Own Super
Your Self Managed Super Fund has to have a stated investment strategy, which should be linked to the retirement goals of the members. This should outline how the money in the fund will be allocated between acceptable assets. For example, the SMSF’s members might agree to have 70% of the funds in Australian shares, 20% in fixed interest securities and 10% in cash.
This would be an aggressive fund programmed for growth. More conservative ones might have 40% in shares and 50% in fixed interest securities and 10% in cash. Property can also be an asset you can hold in your fund and this can come via a direct holding or through property investment trusts.
For more information call Manly Corporation on 1300 533 830
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