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Eubena Nampitjin
(PNT 631)
Edition size: 50 Image: 64 x 38.5 cm (25 x 15 in) Paper: 81 x 61 cm (32 x 24 in)
enlarge image : more info
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Many investors now consider fine art as part of their Superannuation Fund assets so the purchase of investment quality art needs great consideration and advice.
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Director Beverly Knight can provide direction when considering investing in line with Superannuation Fund criteria.
A few basic points when considering purchasing art for your DIY Super Fund once you have consulted your accountant:
The artwork must be seen as an investment.
The Trustees must show diligence when purchasing.
Must be an arms length transaction.
Must be from a reputable fine art dealer.
Must fit into the Super Fund’s investment strategy.
Must be noted on your insurance policy as separate items.
Whilst there is no set percentage of dollar assets, a conservative 10% of total fund asset is a guideline.
For discussion on Superannuation Funds investment or future planning please contact Beverly Knight.
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