ETFs and LICs are like managed funds in that your money is pooled with other investors to create a large portfolio of assets which is professionally managed.
SMSFs are increasing their allocation to international shares, with the Australian Taxation Office’s figures showing funds’ allocation to this asset class jumped to $6.18 billion last year, up from $1.8 billion in 2013.
One of the unique characteristics of self-managed superannuation funds (SMSFs), which make them attractive to some investors, is their ability to invest in direct property.
There is a basic difference between foreign exchange trading and other forms of investment such as share trading. Over time, share markets tend to rise, so that if an investor buys a diversified basket of shares, or even an individual share, they should expect a positive return over time.