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Camori Investments Super Annuation Fund..are they any good ?

Discussion in 'Other Asset Classes' started by Kuna_Learner, 11th Aug, 2016.

  1. Kuna_Learner

    Kuna_Learner Member

    Joined:
    1st Feb, 2016
    Posts:
    17
    Location:
    Perth
    Hi ,

    I was last week called by Camori Investments to look into switching to their super annuation funds. They invest in Hub24 super funds and said they return close to 15 % return. My current super fund is pretty low sitting around 4-5 % after fees. So I have been trying to see if I can get a better return for the majority part of my 50k sitting on my super funds. Have you dealt with Camori Investments ? Can you please share your experience? Thanks
     
  2. Marg4000

    Marg4000 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    903
    Location:
    Qld
    Why dId they call you?

    Had you contacted them first?

    If not, then I would be extremely suspicious. There are plenty of industry and low fee funds around who have long and sund reputations.

    A return if 15% in the present economic conditions is extremely unlikely to be sustainable, and would only be possible with a high risk strategy - or they just made a few lucky investments.

    Just remember - if it sounds to good to be true then run!
    Marg
     
    Kuna_Learner, HUGH72 and Excalibur1 like this.
  3. Traders International

    Traders International New Member

    Joined:
    10th Sep, 2016
    Posts:
    2
    Location:
    NSW
    They are not a superfund, they are phone sales team, selling superannuation products.
     
  4. BingoMaster

    BingoMaster Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    262
    Location:
    Melbourne
    Run