I want to exit my SMSF but want to give to a manager/platform that allows me to also direct a proportion of the portfolio. ie i am happy to put 50% in their High growth portfolio but want to say "buy share xx" or "property yy" also in the fund. Is this possible or only in SMSF environment?
Top answer provided by:
Jason, I am unaware of any platform that would allow for the direct ownership of a specific property. Certainly you can direct any percentage of your portfolio to a managed fund (high growth as per your example) and also purchase direct shares. There may be some restrictions on the direct share, such as it must be on the ASX 200 etc. Most platforms are very flexible with the type of share or managed fund or cash investments.
While the Adviser Ratings Website facilitates the question and answer functionality, all such communications are between users and authorised financial advisers, of which Adviser Ratings has no affiliation. Adviser Ratings is not the advice provider and does not provide financial product advice and only provides information that is general in nature.