A Masterfund is actually a service rather than a product. Within a Masterfund you can select to invest in a range of products including managed investments, direct equities, insurance, margin loans and in some cases credit cards from a wide selection of fund managers and suppliers. Masterfunds are also able to direct your investment into wholesale funds which are otherwise outside the reach of most investors. The benefits associated with investing through a Masterfund include:

· minimisation of your administration workload as the mastertrust will undertake much of this for you including dealing with the fund managers and setting up your investments;
· access to wholesale funds and investments; and
· comprehensive centralised reporting rather than receiving various reports from a range of fund managers .

To see if a Masterfund will provide you with benefits and opportunities contact us for a full financial review.

Charter Financial Planning is a principle member of the Financial Planning Association.
Charter Financial Planning, Level 3 447 Collins Street, GPO Box 2830AA, Melbourne 3000.