Are managed funds a good option for new investors?

If you’re looking to grow your wealth but feel unsure about where to start, managed funds could be the perfect stepping stone into the world of investing.

At McMillans, we often recommend managed funds to clients who want expert guidance, built-in diversification, and an easier way to invest—all without needing large upfront capital or complex decisions.

Here’s what you need to know.

What Is a Managed Fund?

A managed fund is an investment that pools money from multiple investors, which is then professionally managed and invested in a mix of asset classes—like shares, property, cash, and fixed interest.

When you invest in a managed fund, you don’t buy the assets directly. Instead, you buy ‘units’ in the fund, and each unit represents a portion of the total value. As the fund earns income or grows in value, so does your investment.

Why Choose a Managed Fund?

Managed funds are popular because they offer a smart balance between control and convenience. They give you access to high-quality investments without the stress of daily market decisions.

Here are just a few of the benefits:

Diversification

Spread your investment across sectors, industries, and even countries—something that would normally require a much larger investment if you did it yourself.

Professional Management

Fund managers bring research, expertise, and strategy to the table. They make the investment decisions, so you don’t have to.

Flexibility

You can choose a fund focused on income, capital growth, or a mix—whatever suits your financial goals and risk comfort level.

Low Entry Point

You can often start investing with as little as $1,000.

Liquidity

Need access to your money? Managed funds typically allow you to withdraw funds in a reasonable timeframe.

What Are the Risks?

Like all investments, managed funds carry risks. The value of your units can rise or fall depending on the performance of the underlying assets. That’s why it’s important to choose funds that match your risk appetite and investment timeline.

At McMillans, we help you:

  • Understand the level of risk involved

  • Compare different funds and investment styles

  • Align your fund selection with your financial goals and stage of life

How to Maximise Your Managed Fund Investment

You can make the most of managed funds by:

  • Choosing the right mix of investments for your needs

  • Investing regularly, using dollar-cost averaging

  • Reinvesting your earnings to compound your returns over time

Let’s Choose the Right Fund Together

If you're ready to explore managed funds—or want to review your current portfolio—talk to the team at McMillans. We’ll help you find a fund that suits your financial goals, comfort with risk, and long-term plans.