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04/02/19
08:00
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Originally posted by kacy:
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Hi HelloU, thanks for that. Yes I agree. I think you can transfer (rollover) any amount from one super fund to another (including a SMSF). But once you take the cash out, then the restrictions apply to getting the money back into a super fund. Some super funds have investment options to allow you to select where your money is invested. For example, selecting the"Australian Equity Income" option on my unisuper fund will invest the money is these stocks and return the full dividend and any cap gain (or loss): Commonwealth Bank of Australia Transurban Group Woolworths Group Ltd Woodside Petroleum Ltd Sydney Airport Westpac Banking Corp ASX Ltd Macquarie Group Ltd ANZ Banking Group Aurizon Holdings Ltd National Australia Bank Ltd APA Group Insurance Australia Group Ltd Telstra Corp Ltd Scentre Group JB Hi-Fi Ltd Wesfarmers Ltd Vicinity Centres Tabcorp Holdings Ltd Spark Infrastructure Group They also provide the percentages allocated to each stock (or sector). So, if you don't like one (or more) of the stocks, you can nullify your exposure to it by hedging against it with a CFD short position. So, by moving your money around you can still get the full dividend and have control of your investments to some extent.
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@kacy more case by case u may have bhp in ur smsf the "new" fund may allow u to specify bhp shares this does not mean that u will be able to actually transfer ur existing bhp certificates to the "new" fund sometimes yes, mostly no. case by case hopefully not sucking eggs (apologise if so)