Fund managers fall into two categories: active managers and passive managers.
What are the different types of managed funds?
There are a number of different types and specialities however managed funds can generally be categorised into 5 key types: Australian Equities (Australian shares), International Equities (overseas shares), Property, Fixed Interest (generally Bonds) and cash.
What are the types of funds?
- Money market funds. These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers' acceptances, commercial paper and certificates of deposit.
- Fixed income funds.
- Equity funds.
- Balanced funds.
- Index funds.
- Specialty funds.
- Fund-of-funds.