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Recent Questions & Answers

Will Labors Policy change affect my SMSF

With the federal election looming ever closer and the strong probability of Labor wining, my question is.
I have a SMSF all in pension phase, No concessional contributions. What are you thoughts ?

Could one commute part of ones pension back to accumulation phase, so as to use the franking credits that would be other wise lost to labor’s policy change. If one was currently receiving around $5000 to $10000 in franking credits, how much would you have to roll back?
If this was about say $60000 would it be worth while? Noting that as I understand it that you would then have to get and pay for a Actuarial certificate each year.
I don’t really want the hassle of winding up my fund and moving elsewhere at this point in time.
Your thoughts please.


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YMAX Yield Maximiser Fund

I’d like to ask about YMAX Yield Maximiser Fund from Beta shares. I’m looking at way’s to try and increase the yield on my super fund.

What are your thoughts please?


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CCP and CGF portfolio advice

I am holding a small amount of both CCP and CGF. It is about 3 % of my portfolio combined, and I am happy holding for the long term but both are down on when I bought them, I was thinking to average out and buy a few more, take it say to 5% of portfolio…..any thoughts ?


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Labor’s Proposed Franking Credit Change

I’ve seen a lot of debate about Labor’s proposed change to franking refunds and suggestions SMSFs should close their fund and transfer to industry or corporate funds. Isn’t this just jumping from frying pan to pot as there will be significant fees to be paid to that fund more or less offsetting any franking credit loss ? This is without considering the loss of control in decision making etc.


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Thoughts on KDR

I’d like your current thoughts on KDR.
I have a substantial holding in the company purchased, over time, at an average price of $1.64.
Should I continue to hold, waiting for a performance similar to FMG, or should I start selling to give me a more balanced portfolio?


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