Forum Archive Index - July 2001

["Alex Carding" <alexcarding@hotmail.com>]

Sorry, I am completely new to this business, but I know enough to know what I don't know-if you know what I mean............anyone want to have a go with these questions?

 

1. I am a moderate risk investor, so like the Dollar cost averaging concept and so will shortly commit to managed funds. Question: I was going to use three or four different funds, is this a good idea?... or should I select one, perhaps a 'Master Fund' with multimanagement options?

 

2. I have cash to invest too and I am concerned about impact on my investment of purchasing today, when the exit price for most funds is declining. Not so bad if I thought they were at the bottom of the barrel, but confident they are not. A lump sum investment today could result in my investment fund taking too long for the exit price to rise above my dollar cost average investment. Question: are lump sum purchasers a good idea in managed funds? (unless you are sure the exit price has hit the bottom and will rise, then I think I know the answer)

 

3. I like also TeNZ. Question: How do you rate Passive to Active Funds? Question:Does anyone know if Govt (IRD) extended the special agreement for taxation exemption on Capital Gains for Indexed funds, which expired 31 March, 2001? What do you think?

 

Michael Carding