Several years ago I had a managed fund which did quite well, and with zero input from myself after I selected the specific managed fund to invest in. However, there was a lot of paperwork to set up and eventually exit the managed fund. My understanding is that via mFunds the paperwork can be avoided by simply buying an mFund through your normal share trading platform.
Maybe I will put a percentage of my relatively new SMSF in an mFund after the present correction or biggish dip on the SPX is dusted. It will certainly lighten the work load compared to trading myself. I don't mind trading myself, but often I am too busy or too tired to trade.
