Maintenance Fund Investment In Victoria - Myoc

Investing your strata funds is not a new proposition. Most Owners Corporations have been using primary forms of investment, usually, term deposits, for their long term Maintenance Funds for decades. The more recent phenomenon of record low returns on term deposits and cash accounts has brought questions about the suitability of these historical solutions to the attention of strata financial controllers nationwide. The question now remains, what other means of investment is allowed under the Victorian legislation?

Category: Business > Business-management Upgrade Options