Buy, hold and sell units in unlisted managed funds through a process similar to buying and selling shares.
If you have thought about diversifying your portfolio into a range of asset classes, it may be worth considering unlisted managed funds. With more opportunities on offer, it’s a great way to make the most of your savings.
Managed funds are a popular and relatively easy way for individuals to invest. One transaction can allow you to access a range of underlying investments, diversify across different asset classes and market sectors, and enter into investments that may otherwise be out of reach.
WHY CHOOSE MFUNDS?
Managed fund products allow you to access a diversified portfolio made up of different asset classes and industry sectors. This can reduce your level of investment risk by minimising the impact of poor performance by a particular industry or industry sector.
Potential wealth generation
A well-chosen managed fund, used individually or in conjunction with other investments, can create a portfolio to assist your efforts to generate wealth.
Investing in a managed fund is as affordable as investing in shares. You can start investing with a relatively small amount, and add to it cost effectively over time.
No additional paperwork required
You can trade mFunds with your existing Bell Potter account, without any additional paperwork or application forms.
All your investments in one place
You can manage your mFund investments in the same place as your other shares, ETFs and hybrids, with consolidated reporting, giving you a holistic view of your portfolio.
Easily track your investments
The service uses CHESS, ASX’s world-class electronic settlement system. Your holdings in mFunds are held electronically and can be linked to the same Holder Identification Number (HIN) used to hold other investments transacted through ASX, such as shares.
WHAT IS THE PROCESS?
Step 1: Contact your Adviser
Get in touch with your Bell Potter adviser to discuss the funds you are interested in buying.
Step 2: Review mFund information
Read the mFund Product Disclosure Statement (PDS) and managed fund profile documents.
Step 3: Instruct your Adviser
Your buy order and payment for new units in your chosen mFund are sent.
Step 4: Your mFunds units are issued
Your new mFund units are transferred to your CHESS holdings and viewable in your Bell Potter portfolio.
Step 5: mFund confirmation & statement
You receive a welcome pack and an updated CHESS statement.
Step 1: Contact your Adviser
Get in touch with your Bell Potter adviser to discuss the funds you are interested in selling.
Step 2: Instruct your Adviser
Your sell order to redeem units from your mFund is sent.
Step 3: Cash
mFund units are cancelled and the money is sent to your account.
Step 4: mFund confirmation & statement
You receive a sale confirmation and an updated CHESS statement.
The mFund Settlement Service
The mFund website provides information relating to mFunds, including prices, fees, performance and minimum investment amounts. You are also able to access the mFund’s Product Disclosure Statements (PDS) and profiles, which you must read before making an investment decision.