Coordinator’s Message

By Scott McKenzie

Most of us have suffered some decline in the value of our managed investments in the last two years. We’ve had some increases this year but, if some of the commentariat are correct, there’s more bad news ahead – perhaps for some years.

In this edition Paul Saliba of Lachlan Partners uses Lonsec research data to bring to our attention the funds in various asset classes and categories that were among the top five and those at the bottom. We appreciate the effort Paul put in to collate this material.

Then we have a segment for those who haven’t yet looked into the information available free of charge on the Morningstar site, about the 5,000 managed funds available in Australia. This is an essential tool for those of us investing in managed funds.

Another year has gone – thank heavens that this one has done so – let’s hope that 2010 has better news for us.

Scott McKenzie is a financial planner and Vice President of the AIA.