SMSF trustees who wish to invest in shares must be aware of the market consensus and predicted levels of profit for the companies whose stock they are interested in buying, according to an equities strategist.

Corporate bond investments provider XTB’s fixed-rate portfolios outperformed both the credit index and the comparative bond exchange-traded fund (ETF) market in 2017.

The market has experienced a significant shift in the past two years towards more initial public offerings (IPO) comprised of small-cap companies, putting a dent on funds raised.