This is my first post on these forums so please forgive me if this is the incorrect section.
I have a small amount of cash kicking around and need some help turning the gears to get it invested.
I am chasing a managed fund or similar which is large, unhedged from forex movement and has significant portion of investment overseas. I'm obviously betting on a falling aussie dollar and would like to diversify my investment without having to throw huge capital in or waste significant effort in administration time managing a portfolio.
I've found a few managed funds on the internet, but I can't find any with an ASX code which I think are suitable, they only appear to have APIR codes which I can't enter into commsec to throw money in.
None of the listed funds on the ASX website appear to suit my needs on first glance.
Is it possible to use commsec (or similar online broker tool) to invest like this, or do I have to apply directly to the funds?
I can appreciate that this question might be a bit green for the seasoned investors out there. Everyone has to start somewhere; any constructive comments you have will be sincerely appreciated.