Cash, not bonds, the winner from SMSF allocation out of equity

A survey of Australian self-managed superannuation fund (SMSF) investment patterns published by Multiport on July 19 indicates that while equity allocations have fallen in recent months the beneficiary asset class has been cash and short-term deposits rather than fixed interest. Overall, fixed interest represented just over 10 per cent of total SMSF holdings by June 30 2012 according to Multiport's data.