Self Managed Super Funds 101
A self managed superannuation fund (SMSF) is a superannuation fund that individuals can establish instead of having a retail, corporate or industry fund.
The SMSF is managed by its members which gives them control over specific investment choices involving their superannuation. They can tailor their own investment strategies and select specific assets such as listed securities, managed investments, cash and term deposits, international equities, instalment warrants and so on.
To learn more, please refer to the SMSF section on the Australian Tax Office website.