This is why this share is a winner IMO;
Source Vanguard:
"SMSF market overviewTotal SMSF assets have rebounded to an all-time high of A$787b in March 2021 following COVID-induced losses last year (A$694b in March 2020). The total number of SMSFs also continues to grow, with some 597k SMSFs established as of March 2021, despite the annual rate of establishment at decade lows.SMSFs trustees are also getting younger, with the average age falling from 48 to 46 years old.This suggests that SMSFs are now no longer just the realm of older investors. Younger investors are setting up SMSFs with smaller account balances and appreciating more the investment control and return opportunities that SMSFs can offer.However, 44 per cent of potential SMSF trustees still intend to keep their APRA regulated super fund as contributions are still paid into this account and as a back-up in case they change their mind."
Does this suggest this trend will continue?
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