Investments
What Investments Can You Hold in an SMSF?
iCare Super allows trustees to invest in a wide range of assets within their SMSF, as long as the investments comply with the trust deed, SMSF laws and investment strategy allows. and the fund’s investment strategy. The trust deed provided by iCare Super has no restrictions on the type of investments allowed.
Here’s a list of permitted SMSF investments:
- Cash
- Bonds
- Term deposits
- Silver and gold bullion
- Listed shares (both Australian and international)
- Managed funds (both Australian and international)
- Listed unit trusts (both Australian and international)
- Shares in private companies with non-related parties
- Residential, commercial, or industrial investment property
- Overseas properties
- Collectibles, artwork
- Leasing assets
- Loans to non-related parties
Additionally, options, warrants, CFDs, cryptocurrency (Bitcoin), and other “exotic” investments are allowed, provided they align with the SMSF’s investment strategy and trust deed.
When choosing investments, trustees must consider risk, diversification, investment objectives, and legal compliance. It’s essential to remember that the primary purpose of an SMSF is to provide retirement benefits to its members!