A managed fund pools the money of investors and is invested according to set investment objectives. Types of managed funds range from a simple cash management trust paying interest on a regular basis, to an investor directed portfolio service which allows you to invest across a diverse range of shares, property and fixed interest.
Investor Directed Portfolio Service
An Investor Directed Portfolio Service (IDPS) is a service through which you can acquire, hold and withdraw from a range of available investments. You then receive consolidated reporting and administration of your account including an end of year tax statement.
What are the advantages of using an Investor Directed Portfolio Service?
Consolidated reports on all your investment options
A single point of contact for all your investment options
Access to investment options with the potential to generate capital growth, regular income or a combination of both
You can diversify your investment across different types of asset classes with the aim of reducing risk and maximising return
It enables access to investment markets that may otherwise be beyond your reach (overseas investments, commercial property)
Depending on the type of underlying investment, you may receive tax advantages
Tips and Traps
Returns on investments will be influenced by a number of economic and market conditions and your investment may increase or decrease in value.
You should consider receiving financial planning and taxation advice to help you determine the best mix of investment options to achieve your personal investment goals
Want to know more?
Arrange an obligation free appointment with a NAB Financial Planner online or call 1300 558 863 from 9am-7pm Mon-Thur or 9am-5:45pm on Fridays (AEST/AEDT) .