Managed Funds have become a critical element in the investment plan of many Australians, and yet they can often be perceived as shrouded in mystery (particularly when you consider the recent returns of many of them!). But as the stockmarket shows signs of a rally so, too, many investors turn to managed portfolios to increase the gains on their hard-earned funds.
This book is timely, both with DIY super trustees and investors crying out for quality unbiased information regarding managed funds. And, as market forecasts seem to improve now, more than ever, investors will want to find the best location for their funds. Following on from the success of last year's edition, 'Australia's Top 100 Managed Funds 2004' is a unique venture combining the strengths of Neville Ward Direct, Austlralia's largest direct marketer of managed funds and, and MorningStar, the independant ratings agency.
Divided into two parts, the first section will explain exactly what constitutes a managed fund, the different categories and classes, how to invest in them and how to compare and contrast the features of each fund. Information on tax, gearing and general investment principles are also included.
The second part features one fund per page and highlight 100 top managed funds as judged by MorningStar ratings and the filtering system designed by Neville Ward Direct.
