SMSF popularity belies fickle performanceBY MARK SMITH | MONDAY, 14 JAN 2013 12:15PMInvestors who turned to DIY super funds on the promise of superior returns may be getting less than they bargained for, new Rainmaker research shows. |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
I am somewhat bemused by the statement that ....'ATO data shows that only SMSFs with more than $1 million outperformed the segment.....& etc....'. I couldn't imagine the data produced by the ATO would have anything with respect to timing in receipts of income , contributions, investments etc. and their relative deployments. The broad statement, to my mind is quite misleading.
Outperformed what.... Does the tax office provide info on fund makeup, investor profile etc?