In a new report from ANZ Research, the investment bank examines the changing landscape for the sector.
It’s a big deal for investors, who will be able to more easily afford the fees of a fund with a smaller portfolio.
But the study shows the biggest change in investor behaviour over the past decade is that the number of people who own more than one portfolio has increased from 20 per cent in 2007 to 25 per cent today.
That has led to a massive growth in the size of solo funds.
With more than 50 per cent of investors owning multiple portfolios, there is a real risk that they will be out of pocket when they need to make a big investment.
It means solo funds will be the new investment vehicles for the wealthy, with more than 80 per cent owning more than 100.
In the last 10 years alone, the share of people investing in more than five separate portfolios has grown from less than 2 per cent to more than 4 per cent.
The average solo investor has more than doubled, to $1.5 million in 2015, the study says.
And solo investors have become increasingly sophisticated about managing their money, managing their risk, and taking advantage of the low fees and tax benefits.
The study says the changes have not only reduced the risk of losing money, but also made it possible for people to invest more effectively.
The biggest change over the last decade has been that the share the average investor owns has increased by over 25 per of the shares owned by the average solo investment investor, ANZ says.
There is no doubt that the rising cost of funds has led many investors to sell up and sell their holdings, rather than invest in more.
But a new study from the University of Melbourne shows that this has led more people to be using solo funds, and more people are choosing to buy them.
What does this mean for you?
If you’re a solo investor, it’s important to understand that you don’t have to pay any fees to join a solo fund.
There are no fees to make an investment, and there are no taxes to pay.
The only costs you’ll have to incur are the costs of managing the funds and keeping track of your investments.
And the funds are subject to the same tax rules as any other asset class, so you’ll be able take advantage of all the same options and tax breaks as anyone else.
The main things you need to understand are: The average investor will only invest in one portfolio.
The fees associated with solo investing will be less than the average investment.
And there will be no fees for the account management and risk management.
So you won’t have any surprises when you buy a solo investment.
The solo investor’s assets will be tax-free.
And, unlike many other investments, the money you invest will be fully tax-deferred, meaning you can take a tax deduction for any income you make from the fund.
If you decide to sell your investment, the cash will be transferred to a separate fund, so the total return is the same as the portfolio it’s being sold in.
The cost of managing a solo portfolio is low.
Solo funds have no fees and the funds aren’t subject to capital gains tax.
And it’s not required to file a tax return.
What you should know about solo funds How do I get started?
There are a number of things you can do before you get started.
First, if you are an investor, you need a plan.
You need to put money into an account that has been set up by the investor.
That’s the most important step.
Then you need the tax returns for the last two years to see if you’ve done enough to be eligible for tax benefits such as the so-called ‘dividend discount’.
These can help you reduce your tax liability, or lower it if you have investments that are not actively managed.
You can find out more about investing with a solo account from ANA.
Next, it is a good idea to understand the investment process.
There’s a lot of information on how to set up an account, invest, manage, and pay tax.
The best way to do this is to get the information from your tax advisor.
This is the easiest way to get it.
Then, you’ll want to get some advice from your accountant, to make sure you’re following all the rules.
The advice will be specific to your circumstances and how much you need.
Finally, you will need to take a detailed look at your personal financial situation, including any plans for how to deal with any financial setbacks.
It can also be useful to know how to make your tax returns more accurate, if they are more difficult to prepare.
You may want to look at our guide to preparing your tax return to help you decide if you should be more or less cautious about your tax situation.
The report says there are some things that you should keep in mind if you want to invest with a tax-advantaged fund: You can’t change your investment strategy