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We talk about shares & ETFs a lot on the podcast, but in this episode Kate & Owen are opening the floor on another historically popular investment product, the mighty managed fund.
As the name suggests, a managed fund is a pool of money managed by a professional fund manager. Managed funds can be a convenient and efficient way to invest because one investment can open the door to a diversified portfolio of investments.
Kate & Owen explore the basics of managed funds and how they work, why people choose to invest in managed funds over ETFs and shares, our selection criteria for choosing a managed fund and some examples of managed funds with lower investment minimums in Australia.
