Hey Everyone
Just wanting to see others experiences here investing with managed funds, and which ones you'd recommend.
Vanguard seems like a good one in terms of low fees and good returns?
Then there's Investsmart who have higher fees and really high returns.
But I'm new to this, so would love some guidance.
Thanks
Thanks for that. Do you know what the dividend per unit was in total (or average per month)?
its been the same each month, looks like 5 cents per unit per month but last month we got a special dividend of much more, I got 3000 plus instead of about 390 because they sold a building for profit. But that wont happen again unless they do the same
Its actually 0.5c so half of a cent per month or 6c per year which is roughly a 5% yeild + your capital growth.
Money is the second most important thing in life.
Don't let other people play around with it. Learn how to invest and take control of one's finanical future.
I understand your response. But personally, investing directly in companies is something I'm not interested in with the amounts I've got to invest. I have too many things to think about, and figuring out the right company to invest in is one of them. There are people much smarter than me who know how to do this. And if all it takes is 0.5% of my return, I'm happy with that.
Money is the second most important thing in life.
What's the first most important thing in life?
Health
Don't let other people play around with it. Learn how to invest and take control of one's finanical future.
That is probably what gamblers say too. Unless you know what you are doing then let the professionals do it.
I was looking at Australian Ethical yesterday, there seems to be a lot of options available in terms of the risk.
Also looking at Bendigo (Sandhurst) https://www.bendigobank.com.au/personal/investing/managed-fu…
I am only starting to look into these now and I am not too sure what I should be expecting in terms of returns… 8%-10% if I want to invest in low-medium risk?
asx:pl8 monthly dividend fully franked
~1.27 per share / .045c per share dividend, so ~3.8% after franking credits taken out.
or others on asx
mve,mvw,mvr,vap,vdhg,vas
Been pretty happy with spaceship voyager and it is an easy starting point.
Second vote for Spaceship Voyager. It has a very attractive fee for that level of investment skill. It's growth oriented so plan to invest in the longer term. But agree with the others here, it makes sense to diversify with other investments as well.
The biggest detractors to overall returns is fees. I've focused on minimising that by avoiding retail products and platforms which is why Spaceship is unique because it has it's own app with a low fee.
The other way to reduce fees is trading ETFs which some have mentioned above and worth researching.
All I can say is don't put all your money in the one fund.
Don't buy funds all in the same sector.
If you are buying a diversified fund make sure you have an idea what is in it (% shares, % property etc).
Like the GFC when people get caught out with too much property or shares and end up losing a bit.
Managed funds are just the investment vehicle.
It's more important to understand your risk profile and associated target asset allocation.
For example, an ASX300 index managed fund, say offered by Vanguard, buys the top 300 shares on the ASX and invests in them based on market capitalisation. So for a small cost you're buying 300 stocks and have the rebalancing work done for you.
Then there are more diversified versions across
asset classes, sub sectors, niche products, active vs index. Lots of options
Diversified low cost index funds are a good place to start as you research and learn more. Be careful when someone has success with a certain product, that success is in the past and might not align to your risk profile
Most actively managed funds under perform the index especially when considering the fees involved.
I am with Australian Unity Diversifeid Property Fund. Pays monthly and the units increase in value. I bought at 1.06 in Dec and they are now worth 1.15, plus had dividend each month