Table of Contents

Preface vii 1 What is a Managed Fund? 1 2 What Types of Managed Funds Are There? 11 3 What Do You Need to Know About Managed Funds? 21 4 How Does a Fund Prepare for Distribution? 31 5 How Does a Managed Fund Operate? 47 6 Measuring Fund Performance 57 7 Regulation of the Managed Funds Industry 67 8 Financial Planners to Use or Not to Use 73 9 The Investment Process 87 10 Managed Funds and a Balanced Portfolio 99 11 Other Things to Know 109 12 Let's Get Going 121 Appendix Your Risk Profile 127 Glossary 133 About the Author 141 Index 145

About the Author

Margaret Lomas has a Diploma in Financial Advising, a certificate in Investment Property Advising and is an affiliate member of the Securities Institute of Australia. With her company, Destiny Financial Solutions, she helps people turn their finances around and work towards financial freedom. Her other books include How to Create an Income for Life, How to Maximise Your Property Portfolio, How to Make Your Money Last as Long as You Do and A Pocket Guide to Investing in Positive Cash Flow Property.