20 May 2012

Investors looking to chase above market yields should take considerable care when funds promising enhanced yields are promoted – either directly by the fund manager or by financial advisers. One sure warning sign is an alleged history of consistent returns. In the volatile markets of 2007 – 2012, consistent returns are highly unusual, and therefore all the more suspicious. The sorry saga of Trio-Astara should be recommend reading for all trustees of SMSFs. This article in the Weekend Australian is a good start. For the more forensically minded,  interested in reading the full report, click here.