Money to invest: new to this

Just want to be steered in the right direction.

I have kept 50k in a deposit account for far too long. I do not need it and it is making no return.

Where are the best places to get info on managed funds.

Are bank managed funds worth looking at?

Is there anything obvious to look out for

phester said:

Where are the best places to get info on managed funds.

Are bank managed funds worth looking at?

Is there anything obvious to look out for

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Managed funds are expensive and in general don't perform as well as passive funds.
http://www.cnbc.com/2015/06/26/index-funds-trounce-actively-managed-funds-study.html

The big thing to look out for is fees.

I use Degiro to buy passive funds (but am in no way associated with the company other than as a customer).

Buy into companies that are solid and will survive. Also look at high dividend return. Personally I would but US stock to avoid stamp duty.

phester said:

I have kept 50k in a deposit account for far too long. I do not need it and it is making no return.

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You are not alone there.

phester said:

Where are the best places to get info on managed funds.

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Why managed funds. The disadvantages are that they have high fees, they are said to under perform, they don't offer any less risk than passive funds.

phester said:

Are bank managed funds worth looking at?

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Banks are the corner shop of managed funds, they offer less choice and higher prices.

phester said:

Is there anything obvious to look out for

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If you are looking for an alternative to a deposit account then passive funds are probably the best place for your money. You have been in a low risk low return investment, don't now go all out for a high risk alternative.