mFunds

The new way to invest in unlisted managed funds

mFunds are Australian unlisted managed funds settled through the mFunds settlement service operated by ASX Limited. With mFunds you’ll have the ability to apply for units in unlisted managed funds directly through your Suncorp Share Trade account and with no ongoing account keeping fees it’s an easy way to gain access to the range of asset classes and markets offered through unlisted managed funds.

What is an mFund?

mFunds are Australian unlisted managed funds that are settled through the mFund settlement service operated by ASX Limited. All mFund units are recorded in CHESS which is the ASX’s electronic settlement system for ASX listed securities. As with listed shares, exchange traded funds and bonds, mFund units are settled to an investor’s Holder Identification Number (HIN) which allows mFund units to be aggregated in your Suncorp Share Trade account so that you can have a single view of your investment portfolio.

Transparent and efficient

Manage and monitor your share and unlisted managed fund investments all on your Suncorp Share Trade account. Enjoy full transparency and timely access to a wider range of information about unlisted managed funds including fund information, performance and real time entry and exit prices.

Save time

If you are an existing customer of Suncorp Share Trade, you will not need to send certified identification to each fund manager. Through mFunds the paper based application process is replaced with a seamless and efficient online process saving you time and effort.

Video

Learn about the possibilities by watching the below video

Fees

Suncorp Share Trade charges a brokerage fee on mFund transactions. Our current fees per transaction are $49.95 or 0.19% of the trade value, whichever is greater. There are no additional on-going account keeping fees to hold your unlisted managed fund units with Suncorp Share Trade.

Financial Services Guide

The CMC Markets Stockbroking Limited Financial Services Guide (FSG) has been updated to include mFunds. Any mFunds order you place using the new order tickets will be subject to the new FSG.

Find out more

To find out more our Client Services Team will be available to answer any questions you may have about mFunds. Just phone 1300 156 299 or email them at clientservices@sharetrade.com.au between 07:00 and 17:00 AEST, Monday to Friday (except public holidays).

The information provided is of a general nature and has been prepared without taking into account your particular objectives, financial situation or needs. Before acting on this information you should consider its appropriateness to your objectives, financial situation and needs and should seek advice from your tax, legal and financial advisers and accountant.

Suncorp Share Trade is a service provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL No. 246381, a Participant of the ASX Group (“CMC Markets Stockbroking”) at the request of Suncorp-Metway Ltd ABN 66 010 831 722, AFSL 229882 (“Suncorp”). For a copy of the terms and conditions relating to the Suncorp Share Trade service and the Financial Services Guides for CMC Markets Stockbroking or Suncorp (or other relevant disclosure documents), contact us on 1300 156 299 or via email at clientservices@sharetrade.com.au. Neither CMC Markets Stockbroking nor Suncorp are representatives of each other. To the extent permitted by law, Suncorp will not guarantee or otherwise support CMC Markets Stockbroking’s obligations under the contracts or agreements connected with the Suncorp Share Trade service.