SMSF investment rules: What every trustee should know
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People who run their own self-managed super fund (SMSF) often do so because of the control it gives them over their investments and investment strategy.
With that control comes lot of responsibility. You need to understand the nature of the investments on offer, and how they fit into your overall investment strategy.
It can also be instructive to see what other SMSFs are investing in.
Then there is the legal requirement for SMSFs to have a documented investment strategy. This should satisfy the sole purpose test and be used to guide trustee decision-making.
See also superannuation investment strategies and our section on risk.