A MANAGED fund does not exactly inspire people. In the excitement stakes, it ranks right up there with income tax legislation and public service reform.
But despite their dull image and chequered history in recent years, managed funds can be a valuable wealth-building tool and millions of Australians already own them through their super funds.
It's an $882 billion industry with thousands of investment options, so getting started can be a daunting choice for beginners. Here's how you do it:
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