Quote:
Originally Posted by Denis
How many managed funds are there ?
How many do you anticipate being able to access ?
|
There are about 20,000 funds in Australia - but that includes all the super funds, master trusts, and variations thereof, which I'm not intending to cover.
I think there are about 1,000 - 2,000 retail and wholesale (less than $250K minimum investment) funds I think ... I'd hope to get near half of these for free off the web.
It will come down to a matter of whether people are interested in a more complete range of data, and if they are prepared to pay for it and if so how much. It's very expensive to buy the data (tens of thousands of dollars per year), so we'd need sufficient people willing to pay to make it available at reasonable cost. Think 200+ people paying $100 per year each at the very least (possibly more).
I may be able to do some deal which will allow cheaper access to the data, but that depends on a lot of things.
__________________
Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
|