Without knowing too much about the Vanguard funds in question... I don't see these as 'Hedge Funds' but passive funds that have a hedge overlay....
Current Situation I have two properties: PPOR & an Investment Property. Free Equity ~ $400k (@ 80% LVR) in PPOR. Both myself and partner have...
Investing into a fund means: Ongoing management fees You generally pay a Buy/Sell spread covering the brokerage costs of the fund Realised...
Hi Sk3tChY, I did the same thing 5 or so years ago, when my agent was having trouble finding a tenant. I just got a pack from a newsagent and...
Hi, When you invest in a Managed Fund you are getting units in a Trust. The portfolio manager / fund manager does not own those assets but...
I'd say its more of a function of timing of income recieved & distributions paid. The fund started in May from what I can tell just after banks...
Brokers / ASX have a minimum parcel size of $500 unless you already own the stock. I doubt you want to have $500 tied up in every security on the...
Since you paid less interest, you get less of a deduction; you pay more tax and ultimately less of a tax refund. Say you didn't pay $1000 of...
I did some quick numbers (not sure how correct they are..). Values for example where: $50K Cash, 38% tax rate, 6.77% Mortgage, 6% Interest in term...
This is only for unitised super portfolios and normally the adjustment is made for every struck unit price (i.e. daily), unit prices for managed...
Hi, If you're running an accounting practice or have several clients you need to do CGT for you might want to look at STM by AIMS-STM. It will...
I've used this in the past, code is a bit technical so don't let that scare you there are plenty of examples and an active mailing list if you...
You can do it any number of ways as long as its consistent. Since its just for accounting purposes most firms I find use FIFO / Av Cost for...
Similar to tax cost you can choose your methodology to calculate the accounting cost base. Easiest will probably be weighted average cost or FiFo...
One of the downfalls of managed funds, they don't take into account your personal tax objectives. I don't know of any performance benchmarks that...
Better depends on what you're looking for in a investment. so not better per say, different. So instead of buying stocks based on market cap...
Hi Merlinnn, CFDs provide great leverage (0.5% margin on indexes, 2-5% on blue chips!!), great when markets go up, however the volatility at...
Quick example: Buy $2, Sell $1.80 = Loss $0.20 Buy $1.7, Sell $2.20 = Gain $0.50 Assume 100 units for both purchases Loss of...
That is correct, any investments that are held on capital account for more than 365 days are eligible for a 50% discount on the tax payable on the...
Would you like to pay your money to the tax man this year or next year? What if you reinvested the saving on tax payable by deferring it to a...
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