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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 (eg. 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
View additional information about the MLC MasterKey Investment Service and MLC MasterKey Investment Service Fundamentals
Cash Management Trust
A Cash Management Trust is a managed investment that pools your money with the money of many other investors for investment in securities and deposits. It offers you similar flexibility to an "at-call" bank account, with a competitive rate of return.
What are the advantages of using a Cash Management Trust?
- It is a flexible, low risk investment that pays a competitive rate of return and provides easy access to your money
- It is useful if you are looking to build a "cash component" into your investment portfolio
- Quick and easy access to your money
- The ability to consolidate your savings and investment earnings in one central account
- The ability to add to your investment on a regular basis
Want to know more?
Contact your financial planner or arrange an appointment with a National financial planner online or call 1300 558 863 between the hours of 8:00am - 8:00pm (Melbourne time, GMT +10), Monday to Friday.
View additional information about MLC MasterKey
View National Australia Bank's website disclaimer
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