What is the mFund Settlement Service?
Buy and sell units in unlisted managed funds
At AMP Capital, we have a range of high quality investment options available on ASX mFund. The mFund Settlement Service from ASX enables you to buy and sell units in selected unlisted managed funds via the stockbroker or adviser you usually use to transact shares or other ASX products. The service uses CHESS, the ASX electronic settlement system, where you can apply for or redeem units in a participating managed fund.
Track progress with the same systems you use for shares and other securities
Your holdings in these mFunds are held electronically and are linked to the same Holder Identification Number (HIN) used to hold other investments transacted through ASX. If you do not currently hold a HIN, you will be issued with one if you acquire units in a participating managed fund. That means you can track your managed fund investments using the same systems you use for shares and other securities. The mFund Settlement Service does not facilitate on-market buying and selling between investors. The mFund units settled through the mFund Settlement Service are issued and redeemed by the issuer of the fund.
Diversify your portfolio into a range of high quality investments in asset classes such as property, infrastructure and fixed income.
More easily access these investments by transacting through your existing broker with the benefit of seeing your whole of portfolio position.
Partner with us for access to a range of specialist, global investment professionals.
Risks of using the ASX mFund Settlement Service
Risks specific to investing through the ASX mFund Settlement Service include the potential for counterparty risk when entering into a financial transactions with a third party, such a broker. Investing through the mFund Settlement Service may bring some risk in that the ASX may suspend or revoke the admission of a fund to the mFund Settlement Service, or there could be connection or system failures that prevent connection with the ASX system.
In addition, the risks associated with managed funds and of investing in the particular fund continue to apply.
How to invest
Investing is easy with mFund. If you have an existing Stock Broking or Online Broking relationship, you can speak directly with them to find out if you buy and sell units in our range of Funds. If you don’t have an existing relationship with a stockbroker, find out more information below:
With a Full Service Broker
If you don’t have an existing Full Service Stockbroker relationship, visit the ASX website for more information on which brokers are participating in the service.
With an Online Broker
If you don’t have an existing Online Stockbroking relationship, visit the ASX website for more information on which brokers are participating in the service.
If you have any questions about the suite of AMP Capital Funds available on mFund, please contact us on 1800 759 543 or email firstname.lastname@example.org
The AMP Capital Corporate Bond Fund, AMP Capital Australian Equity Income Fund, AMP Capital Global Property Securities Fund, the AMP Capital Global Infrastructure Securities Fund (Unhedged) and the AMP Capital Multi-Asset Fund are all offered by AMP Capital Funds Management Limited ABN 15 159 557 721, AFSL 426455. AMP Capital Funds Management Ltd is a member of the AMP Group which includes AMP Capital Investors Limited ABN 59 001 777 591, ASFL 232497 ("AMP Capital", "we" or "us"). AMP Capital Income Generator is offered by ipac asset management limited ABN 22 003 257 225 (AFSL 234655) Portfolio manager: ipac Portfolio Management Limited ABN 51 071 315 618 (AFSL 234658) Fund services manager: AMP Capital Investors Limited ABN 59 001 777 591 (AFSL 232497).
While every care has been taken in the preparation of this information contained in this website, neither AMP Capital nor any member of the AMP Group make any representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information on this website, and seek professional advice, having regard to their objectives, financial situation and needs.