• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Results 1 to 1 of 1

Hybrid View

  1. #1
    Join Date
    Mar 2012
    Posts
    129

    Default MSF - mutual superannuation fund + new Zealand

    Hi there

    Not sure where the best place is to post this as it is a new zealand product as such, so feel free to move.tks

    Appreciate any advice on this. I am in my late 20's and have enough disposable income per year that I would like to start investing. I am looking to
    start at maybe 1/2K per year initially. maybe $100 a month or something like that.

    I am thinking of starting a investment and I was thinking of using these but i do not have much
    knowledge in the area. I don't really know what questions to ask of such a service.

    Some questions I do know to ask are:
    How does this product work exactly? I am not very familiar with superanuation funds and there structure
    What taxes do I pay?
    Can this product be used in conjunction with kiwi saver that i set up through work?
    What is the total amount of money currently in the fund?
    Can i get a full list of properties in the fund?
    What are the ongoing/maintainence fees that I have to pay?
    How often do I get a statement of how my investment is doing?
    What details are disclosed in this statement?
    What are the cash out options on this fund? Is it a fixed or variable period?

    Other peoples advice/experience I am looking for:
    I am basically look to hear from other people out there and their experiences with these types of products?
    This particular one is property focused, but what other products are out there like this?
    I would also like to have a better idea of what questions to ask before commiting to either option?


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Australian Superannuation
    By muppet in forum Other Investments
    Replies: 10
    Last Post: 01-05-2016, 06:44 PM
  2. Superannuation - compulsory employer contributons during 2003-2013?
    By jandal in forum Finance, legal and tax (NZ)
    Replies: 2
    Last Post: 06-01-2016, 06:39 AM
  3. Feedback on Farmers Mutual Insurance - Premiums ?
    By iwik in forum Finance, legal and tax (NZ)
    Replies: 10
    Last Post: 19-03-2014, 08:29 PM
  4. Covenant puts guaranteed Mutual Finance into receivership
    By essence in forum Regions News (NZ)
    Replies: 0
    Last Post: 14-07-2010, 06:56 PM
  5. Superannuation investors could fuel house price boom
    By jenny_pt in forum Property Investment (Oz)
    Replies: 0
    Last Post: 08-09-2009, 01:02 PM
  6. Kiwi's in Australia: Superannuation question
    By lissie in forum General (NZ)
    Replies: 10
    Last Post: 18-11-2007, 08:46 AM
  7. Seeking advice on how to keep fund in US$ in New Zealand
    By hannah in forum Other Investments
    Replies: 17
    Last Post: 18-07-2005, 04:20 PM
  8. Trusts & Superannuation
    By regan in forum Finance, legal and tax (NZ)
    Replies: 2
    Last Post: 24-09-2004, 07:42 AM
  9. Alarm at reopening of Superannuation Debate
    By Marc in forum Finance, legal and tax (NZ)
    Replies: 0
    Last Post: 17-03-2004, 02:15 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •