2. 2 The good Easy way to invest Using team of professionals Easy diversification across shares Easy international diversification Tax calculations done for you. Access to expensive investments (prop, FI) Easy savings plans Regular source of income Stops you gambling with picking stocks
3. 3 The bad Minimum first investment of approx $2000 Marketing!!! Thousands of funds available – which one? Entry fees (up to 4%) Management fees (up to 2%pa) You cannot buy “hot tip” shares (good!???) Less control They still make losses Doesn’t stop gambling by “picking funds” or “timing market”
