With continued declines in interest rates and positive gains in the stock-market, self-managed super fund (SMSF) trustees have moved more of their cash holdings into managed funds and international equities, according to the latest Multiport SMSF Investment Patterns Survey.
The trend for SMSF trustees not to renew term deposits has continued as a result of low interest rates and unattractive returns. This is not surprising given the current low interest rates.
Many people are now using managed funds as a good way for trustees to access global markets without the complexity.
Click here to read the full article and other findings from this Survey.