As a Trustee you must ensure all investment decisions are made in accordance with the documented Investment Strategy of the SMSF. We recommend that investment decisions are documented detailing how they conform to the Investment Strategy of the SMSF. Documenting Investments does not mean that you document every Investment made the SMSF. Typically investment themes should be documented. For example you may be acquiring blue chip shares for capital growth and tax effective fully franked dividends. In this case, one investment minute should be prepared detailing the rationale for this investment. You should not prepare a separate minute for every blue chip shares purchased. This is unnecessary. Similarly you may invest in several Term Deposits for capital stability and to generate a consistent ongoing yield. Again, in this case one investment minute should be prepared detailing the rationale for this investment. Standard Investment Minutes can be found
