Hi,

Im looking to invest a small amount of money into managed funds - probably starting with around $1000 and looking to put in between $250 and $500/month ongoing. Ive looked at a site called Raboplus and they seem to offer a lot of funds with a small amount of fees. Have specifically looked at the Colonial Aust share and global resource funds as they seem to have good returns and I dont mind a bit of risk.

Am I on the right track or is there a better (cheaper) way to get into managed funds?