True, most managed funds are a rip off. I remember many eons ago in my first job out of school, I worked at a factory. The company selected super fund sent some

True, most managed funds are a rip off. I remember many eons ago in my first job out of school, I worked at a factory. The company selected super fund sent some peons out to brief us about our fund, but we just shredded them by asking common sense questions. The peons were obviously PR people who had no idea about investment and were hoping that some four colour glossies would keep us happy.