Setting up an SMSF Investment Strategy


SMSF Investment strategySetting up a Self Managed Superannuation Fund aka SMSF involves establishing a trust which is mostly suitable for people who possess broad skills in financial matters, or those who engage an SMSF specialist adviser like Future Assist. Your money and investments held in a Self Managed Superannuation Fund are managed on behalf of the members during the process of maintaining an SMSF. The purpose of setting up a Self Managed Superannuation Fund is to provide advanatages to the trustee over traditional superannuation funds and to provide a suitable platform for members for retirement or in case of a death.

Tracking your super investments often and being prepared to research your super investments are required in order to maintain an effective SMSF. Maintaining an SMSF may not be an easy task, if undertaken on your own, considering its nature, compliance requirements and investment complexity. The following paragraph will give you an idea on whether an SMSF is suitable for the needs of your life and this is where an SMSF Specialist like Future Assist can help you step-by-step.

Setting up an SMSF requires consideration of the skill, time and knowledge you possess as an important aspect in the process of running an effective SMSF. In addition to that, understanding the procedure of fund management along with the meaning of being a trustee is important at the time you make your decision. You also need to have an idea of the comparison between the benefits of maintaining an SMSF and the benefits offered by other retirement saving plans. If you are unsure about setting up and SMSF or enacting an effective SMSF investment strategy, it is wise, and advised by the ATO to seek out a SMSF specialist adviser to assist you with your administration, compliance and investment strategy. Enter: Future Assist

Setting up an SMSF correctly, with an effective SMSF investment strategy is the key,  as there are many benefits of running a correctly set up SMSF, including investment options. You get the chance to protect the retirement savings and to avoid the penalties if you set up an SMSF correctly. The other important benefits of setting up an SMSF correctly are the chances of getting qualified for tax concessions while being able to hands on control of your fund.

We have clearly established that the first step of setting up an SMSF is getting an effective SMSF investment strategy. This involves outlining a strategy for your fund to make money solely for the purpose of your retirement. We can now look at what an SMSF investment strategy should detail and include, to be deemed ‘effective and compliant’:

Potential risks and how these will be dealt with, either through insurances or risk mitigation strategies (both of which a financial adviser can assist with)

  • Investment opportunities
  • Investment diversification and Asset classes to invest in
  • Assurance that the fund will be compliant in its investments and meet the sole purpose test

You then need to first establish the trust by obtaining a trust deed that gives a clear explanation of the responsibilities and duties held by the trustees as well as the scope of the SMSF fund. The creation process of the trust deed must meet the relevant requirements of objectives and needs of members and it must also be created specifically for your fund. What happens after this is  usually that new funds appoint the trustees under the trust deed of the fund.

The execution of the trust deed in a proper way means that you have successfully established your SMSF legally. After the trustees sign the declaration of trustee, the fund must be registered with Australian Taxation Office aka ATO. The registration process of the fund with ATO includes the task of electing the fund to be regulated within 60 days of time after establishing your SMSF. The election process allows your fund to be a complying fund and to receive tax concessions.

A successful registration of the fund with ATO will allocate a Tax File Number aka TFN and an Australian Business Number aka ABN to the fund you created. In cases where the annual turnover of your fund is higher than $ 75,000, the Self Managed Superannuation Fund should be registered for Goods & Services Tax aka GST.

Opening a bank account in the account with the name of your SMSF is necessary for further proceedings of the fund. The bank account with the name of SMSF allows the management of operations done under fund to be done in a smoother way while it also allows you to accept the contributions in cash.

The cash contributions and the rollovers of super benefits are deposited straightly into the bank account of the fund and then the money of the account is used according to the investment strategy of the fund. The earnings obtained through fund investments are credited to the bank account of the fund.

The purpose of preparing an SMSF investment strategy is to plan how the investments or fund objectives are handled. The SMSF investment strategy should possess the quality in it in order to comply with the investment decisions as well as the super laws. Future Assist SMSF are specialist SMSF Advisers and can provide you with the option of preparing the SMSF investment strategy with high quality guidance and licensed financial advice. However what should be noted is that the trustees of the fund will hold the responsibility of managing the investments of the fund. A company like Future Assist will only be in charge of managing the day to day compliance, administration and auditing of your SMSF. You are in charge of choosing your SMSF investments.


Here is a short video prepared by the Australian Taxation Office about your SMSF Investment Strategy: 



A Self Managed Superannuation Fund (SMSF) is a great way to invest and make profits using the purchasing procedure of shares and equities.  There are number of benefits of share trading in your SMSF if you manage to invest wisely with your SMSF. Some restrictions however apply to the process of sharing the trade and you will still need a financial adviser to make sure that the investments of your SMSF are remaining true to your SMSF investment strategy and trust deed.


A SMSF could very well be a more appropriate way for you to reach your retirement goals however there are also a lot of risks and extra responsibilities associated with a SMSF.

As the regulatory & governing body of SMSF’s, the ATO suggest that you consider appointing an appropriately licensed professional to assist you with setting up and running your SMSF.

Prior to setting up an SMSF, we highly recommend that you speak to an appropriately licensed professional to ascertain whether a SMSF is suitable for you and your retirement goals.