The fund manager said according to the ATO’s most recent report, at 30 June 2015 SMSFs held $13.5 billion in borrowings, representing 2.3 per cent of the total value of assets held within SMSFs.
Read the full story at SMSF Adviser.
Folkestone calls for calm on SMSF gearing ‘hysteria’
While the number of SMSF trustees using leverage in their SMSFs has risen, it has not occurred at the alarming or widespread levels suggested by certain sections of the media, says Folkestone.
