12 month rule, page-14

Simco with all due respect Segregated and Pooled asset funds are not one in the same, hence the different terms.

Segregated funds refers to the assets being strictly segregated or tagged to a member(s) and those earnings/losses from that asset flowing to that member only. Pooled funds assets are own by all members with an abritrary allocation of earnings/losses based on the members proportional share of the fund capital.

Bottom line is it is horses for courses really depending on needs/ invest strategy of members, but segregation is always the more expensive option.

You make fair points about the foregoing of carry forward losses for segregated funds and the issue of wash sales - there is an ATO ruling on this issue with respect to the anti-tax avoidance issues.