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b"We talk about shares & ETFs a lot on the podcast, but on this episode Kate & Owen are opening the floor on another historically popular investment product, the mighty managed fund.\\n\\nAs the name suggests, a managed fund is a pool of money managed by a professional fund manager. Managed funds can be a convenient and efficient way to invest, because one investment can open the door to a diversified portfolio of investments.\\n\\nKate & Owen explore the basics on managed funds and how they work, why people might choose to invest in managed funds over ETFs and shares, our selection criteria for choosing a managed fund and some examples of managed funds with lower investment minimums in Australia.\\n\\nEpisode transcript now available via the show notes page.\\n\\nTake one of our amazing FREE financial education courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community.\\n\\nScore $100 off our premium ASX & US share research service, Rask Invest!\\n\\nIf you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts - it\\u2019s a 5 second task which really helps support the show (and puts a big smile on our faces).\\n\\nFull individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.\\n\\n|| We're proudly supported by ETF Securities ||\\n\\nLearn more about ETF Securities: https://bit.ly/fundsETFS |\\n\\nDISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you\\u2019re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.\\n\\nAccess The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg\\n\\nDate recorded: 11th November 2021\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"