What is the point to be with Australian Superannuation Funds ?
We can absorb as much brainwashing as we want that Australian Superannuation funds are the best thing you have ever had. But look for example at the chart of MLC Horizon 5 vs ASX 200 and you will be surprised.
I would say it is the same line, just different colour :-)
Tell me, what is the point to pay to those fund managers huge money if you just can buy ASX200 index and have the same returns.
Blue line - MLC HORIZON5
Red line - ASX200
I would say it is the same line, just different colour :-)
Tell me, what is the point to pay to those fund managers huge money if you just can buy ASX200 index and have the same returns.
Blue line - MLC HORIZON5
Red line - ASX200