The SMSF Expo held at Melbourne Convention & Exhibition Centre last week from Friday 27 to Sunday 29 April was a specialist event designed to be the best place for potential or existing SMSF Trustees, financial advisors, accountants and other stakeholders to compare various products and services, meet likeminded individuals and listen to and gather information from experts in their field.
The expo offered a vast range of financial information, technical know-how and SMSF expertise, with a range of free seminars from leading recognised industry experts, to one on one consultations in exhibitor booths. CFMG Capital General Manager, Andrew Thomson and Investment Executive Daniel Robinson were both in attendance and were very pleased with how the three days went.
Andrew said “I must have spoken with well over 200 interested parties keen to find out more about CFMG Capital and the Land & Opportunity Fund, so I think it was certainly a worthwhile exercise. It was also great to have a chat in person with many of our existing investors who took up our offer of complimentary tickets to the event.”
It wasn’t just SMSF Trustees in attendance, but a variety of investment advisors took the opportunity to research CFMG Capital and gather information so they can refer their clients.
Andrew added that he also gained plenty of personally beneficial knowledge. “As an SMSF trustee myself, I also took the opportunity to walk around the expo and gather information on the myriad of options open to SMSF investment. While I invest heavily in the CFMG Land & Opportunity Fund, I did also pick up valuable information on some alternative options to diversify my portfolio.” He said.
The CFMG Land & Opportunity Fund derives 80% of the capital invested from existing SMSFs, so it’s clear that the fund is popular in that market – despite the fund not originally intended for the SMSF market. This does not come as a surprise, as the SMSF industry is growing every year. This growth is a reflection of the desire of Australians – from small business owners to retirees – to take control of their financial future.
SMSFs are expected to be the largest sector in the post-retirement superannuation market, reaching $900bn in 2035, and eclipsing the retail segment in 2018, and as a result is often the largest source of investable capital for every day Australians looking to build their wealth for retirement.
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