Raboplus Managed Funds - Compare Your Bank Overview

If you are looking at your investment options, you should examine all possible avenues to find out which is the best for you. How you prefer to invest depends very much on your goals and your personal tastes. If you prefer not to take risks and put a little away every month, a high interest savings account may be the best choice for you. However, if you want to invest in property or shares then managed funds may be more your cup of tea.

RaboPlus Managed Funds offer a number of options for everyone, from risky stock market funds that may, or may not, return high yields, to steadier funds such as property market investments.

If you think managed funds may be the right option for you, Raboplus Managed Funds offer you an affordable way to to get started. You pay a basic low entry fee of 0.75 per cent, or minimum $250. After that, there are no ongoing RaboPlus fees or commissions and no exit fees so this makes RaboPlus Managed Funds particularly competitive.

RaboPlus offers a wide range of different managed funds to choose from. These include multi-sector international funds, property funds, equity funds, and fixed income funds. These can be Australia-based or worldwide, while fund managers include AMP Capital Investors, Merill Lynch Investment Managers, Schroder Investment Management Limited, Tyndall Investment Management Limited and others.

The RaboPlus fund selector allows you to examine all funds in detail before choosing which is the best for you. You can view fund details, Morningstar rating and risk, past performance, fund price and fees.

Once you open your RaboPlus Managed Funds account, you have full access to wholesale managed funds. You can buy and sell funds online any time you want and you will have consolidated account reporting available 24 hours a day, every day. This flexibility and level of access gives you complete control over your investments.

For many people who are not familiar with managed funds, this kind of investment can be a bit daunting. In addition, the relatively high entry fees can be a little off putting. However, RaboBank makes it as easy as possible for inexperienced investors by keeping fees to a minimum and offering help and advice for customers.

If you are new to this kind of investment, it is best to start out with a secure fund that may not yield very high returns, but will earn for you steadily. As you become more familiar with the ins and outs of managed funds you can then decide to try out some riskier investments if you wish.

RaboBank also offers the ability to invest your self managed super funds (SMSFs). Again, you can manage your investments online 24 hours a day. And if managed funds aren't for you, RaboBank also offers savings and term deposit products that may suit you.

Note: Overview designed for information only and does not act as advice. For financial advice please refer to a qualified financial advisor. Please see product details page for full terms and conditions.