What is a Self Managed Super Fund (SMSF)?

The SMSF Institute - What is a SMSF

An SMSF is a Self-Managed Superannuation Fund. And, as the name suggests, it is a type of superannuation fund that is owned and operated by you. What is probably the most distinguishing factor of an SMSF from large retail superannuation funds is the fact that the members of the fund are also the trustees of the fund and as such, are the ones who make all the decisions.

As the trustees of the fund, it is the members who make all decisions in relation to the fund and its investments. As long as superannuation and taxation laws are followed, this can provide SMSF members with a number of benefits and advantages that are not practically available through other fund types.


There are a number of advantages to running your own SMSF. Some of these include:

Investment Flexibility