Listed Pooled Development Funds - Tax benefits?

[RichKid]

Recently had a dabble in LSG, which is apparently a pooled development fund, AUS is another one, looks too good to be true but these are riskier investments: http://www.asx.com.au/investor/lmi/how/pooled_dev_funds.htm

Any comments by those in the know about these schemes? No CGT and fully franked tax free divs (when paid) sounds good to me.

Coyotte, what are you experiences with these please? Any others you know of (listed on ASX)?

 

[bullmarket]

Re: Listed Pooled Development Funds- Tax benefits?

Hi RichKid

Recently had a dabble in LSG, which is apparently a pooled development fund, AUS is another one, looks too good to be true but these are riskier investments: http://www.asx.com.au/investor/lmi/how/pooled_dev_funds.htm

Any comments by those in the know about these schemes? No CGT and fully franked tax free divs (when paid) sounds good to me.

Coyotte, what are you experiences with these please? Any others you know of (listed on ASX)?

I don't invest in PDF's because they are too risky for me (only because they invest in mainly startup companies), but the link you posted explains very well what PDF's are, how they work and what the pros and cons are regarding investment risk and tax implications.

If anyone is interested in PDF's have a look at RK's link

cheers

bullmarket

 

[RichKid]

Re: Listed Pooled Development Funds- Tax benefits?

Hi RichKid



I don't invest in PDF's because they are too risky for me (only because they invest in mainly startup companies), but the link you posted explains very well what PDF's are, how they work and what the pros and cons are regarding investment risk and tax implications.

If anyone is interested in PDF's have a look at RK's link

cheers

bullmarket

Thanks BM, it's tempting to invest in these co's for tax benefits but as a traders I prefer to use it as an extra incentive, I do try to ride longer term trends but there aren't any PDF's that seem to be strong atm, especially the resources stocks- all correcting and reversing trends.