Me! Again... (fund help)

Great. I hated filling in those forms

I just checked, and my Westpac eSaver account is currently earning 7.05%. My Macquarie account is at 7.25% (I think) and the netwealth is currently at 7.10%.
The netwealth account is variable. I'm not sure about the Macquarie cash account. The difference probably isn't worth fussing over, and isn't really worth holding numerous accounts all over the place for either.
Can I use the netwealth cash account to hold savings in?
Are there any restrictions to leaving money there for interest purposes?

Thanks mate

with netwealth you can also invest into term deposts, and they pay 8.1% for 6 months.. but the money isn't accessable.

The cash account is a place to have money ready for investing..

looks like the market is running now! I hope its not just a bull trap!

Hi CRC and Compleks,

Currently 8.10% for CASH (dragondirect -) or 8.6% for term deposits for 12 months (Interest Rates - St.George Bank)

Cheers,

Dan

PS Before making a decision read the relevant Product Disclosure Statement.

I haven't had a chance to follow up on anything yet. I wrote to Netwealth about changing my funds over, but haven't heard back. I may have to give them a call later in the week when I get a chance.

Anyway.. I'm considering putting everything under the netwealth platform for ease of management. I want to set up a few basic funds and make automated contributions across a few of these funds.

I'm not going to worry about shares etc... at this stage. But at least I will have the option should I change my mind in the future.

I am considering the following funds myself via netwealth for regular contributions:

452 Australian Share 30%
Platinum International Fund (or BlackRock Hedged Global Titans Fund) 15%
Hunter Hall - Global Ethical Trust 15%
BlackRock Asset Allocation Alpha Fund (or MQ Asia Long Short) 20%
Colliers 20%

I'm also considering a unlisted direct property fund in the mix to lower volatility of the portfolio and get some high dividends. Like Cromwell or Orchard property trusts.

All those funds should operate reasonable independant of each other, so will lower volatility of my fund portfolio.

The other option I'm thinking of is just choosing 1 quality australia share fund and thats it.

Well I guess my next step will be selecting a fund or funds to invest in.

I think I want to keep the Geared Aus share fund. But I'm not sure how to structure myself. I think a good high growth fund might be a good idea.

Not sure really....

compleks, I dug this up, its a great read!!

Presentations page

Thanks mate.

I just had a look over the Investment WRAP PDS and application forms... Not looking forward to filling those in.

Have you filled in your application yet, or are you still thinking about it?

I have setup a netwealth account for my super at present, money got rolled over a couple days ago.

These forms are an absolute nightmare.

Transferring my existing funds is proving to be much more hassle than it's worth. I think it would be easier if I withdrew the money (no profit, so no CGT) and simply re-invested once my Netwealth account is opened...
Would that be a problem?