We write, we don’t plagiarise! Every answer is different no matter how many orders we get for the same assignment. Your answer will be 100% plagiarism-free, custom written, unique and different from every other student.
I agree to receive phone calls from you at night in case of emergency
Please share your assignment brief and supporting material (if any) via email here at: firstname.lastname@example.org after completing this order process.
No Plagiarism Guarantee - 100% Custom Written
Assessment Activity 2
Investment Fund Comparison
Below are details of the Finn family:
Family home $290,000 Credit card debt $2,000
Car 35,000 Mortgage 15,000
Bank deposits 45,000
Managed funds - balanced 40,000
Superannuation funds 420,000
Gross salaries of Mr and Mrs Finn are $50,000 (tax of $8,550) and $20,700 (tax of $2,205)
$30,000 per annum - including $10,000 per annum mortgage repayments, and a commitment to repay the credit card debt over the next twelve months.
Answer the following questions:
3) Explain to Mr and Mrs Finn how these two funds differ, including the difference in management strategy?
4) Which fund has performed better over the 2015-2016 financial year?
5) How much income (as opposed to growth) did the funds produce during the 2015-2016 financial year?