So, you have just sold some property or come in to some money through an inheritance and it is burning a hole in your pocket but you don’t have time to research all of your different options and go through them with a fine tooth comb. There are so many choices when it comes to investing, all options offering different levels of returns and also different risks.
Increasingly, time-poor investors and those looking to outsource investment decisions are turning to managed funds.
For those who are unfamiliar with how they work, here is a quick overview:
As with anything related to the share market and investing, the value of your investment will rise or fall reflecting the value of the shares (and other assets) held within the fund’s portfolio. The higher the expected return, the higher the risk.
If a fund performs well in one year, this is no guarantee it will do just as well the next year. A fund's performance over 5 to 7 years gives you a better indication of how it will perform in the future.
Make sure you review the company’s investment strategy, asset allocation, track record and reputation before diving in. Remember that you’re relying on the skills of other people and you don’t have control over their investment decisions.
If you’re in the market for either an income or growth managed fund that has consistently delivered results in accordance with objectives and offers an unparalleled level of service, then we’d love to talk with you. TPT Wealth could have just what you’re looking for.