High return funds, page-31

First 31 Last

Share
Profile

Follow
woollydog

2,072 Posts.

19

14/05/18

22:16

Post #: 33089851
Share

Originally posted by El Jefe ↑

At end of the FY the fund will provide a summary of your tax obligations (CGT, Franked credits etc) and a summary of everything else throughout the year, Buy/sells etc?

You can choose when signing up to the fund whether you want profits reinvested or not.
So if you choose for that to be the case are you liable to pay tax out of pocket for the gains you made in the fund and if you dont choose to reinvest are you returned all the profits minus any management fees which will leave you from year to year with the same lump sum as the original investment (once the fund is in the green)? Is it also true that you cannot carry forward any losses from a fund investment?

Investing in small/mid caps means the fund is more targeted towards growth.
I would guess there is more of a possibility that the fund would hold positions for less than 12 months so the tax obligations would be higher. What sounds like a great 20% return could be cut in half due to tax depending on the strategy of the fund so it would be worthwhile asking for a past breakdown of how long the fund usually holds its positions? I know its not a predictor of the future but its a spotlight at the least into the average.

Expand

I have never seen a fund that gives you a summary of their buys and sells.
the capital gains taxes are a big issue, unless you are in Super fund or invest via a low income
earning partner.
Upvote

Reply

Top Stories

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

There are more pages in this discussion • 5 more messages in this thread...

First 31 Last

High return funds, page-31

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Cyclone signs MOU with Vale for development of Iron Bear play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play