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]Hi thereI’m a bit lost with managed fund fee options so was hoping I could get some advice. We’re taking out a line of credit for $150k and will initially invest $50k in a managed fund and contribute each month to build up our investment. Is it better to pay a higher Contribution free and lower Ongoing maintenance fees or vice versa?…We’d hold the investment for at least 7 years. Would love to hear your thoughts. Thanks.
You should be able to work it out with a simple spreadsheet.
Generally a lower maintenance fee is better the longer you have it in for.
Check out some sites like comsec, they allow investing with no entry fees.
Index funds are also an option as they have low management fees.
Josh
You should be able to work it out with a simple spreadsheet.
Generally a lower maintenance fee is better the longer you have it in for.
Check out some sites like comsec, they allow investing with no entry fees.
Index funds are also an option as they have low management fees.
Josh
]Hi there
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