Managed funds can be a smart way to access new markets and asset classes offering instant portfolio diversification and international exposure.
mFund is an innovative ASX service powered by the same CHESS settlement you use to trade shares.
Invest in and redeem units of unlisted managed funds online using the HSBC online trading platform, with the same security, reliability and transparency as with other ASX transactions.
Diversification Access a range of investments in different asset classes and industries across the globe.
Strategies and expertise Invest in new markets, asset classes and strategies: international and domestic, sector based and strategy oriented whilst benefitting from specialist expertise of investment managers.
Convenient online access to mFunds Investors do not have to complete paper application forms to apply for units in a managed fund. You can use your HSBC Online Share Trading account to place orders online and benefit from settlements through CHESS.
Consolidated view mFund units are held on your HIN, you can track and manage your mFund investments in the same place as your share portfolio, with consolidated and easy-to-read reporting.
Like most investments, there are risks which need to be considered when investing in mFund products. Investors should carefully examine the investment strategy, asset allocation and the manager’s track record before investing. While there maybe specific risks to the mFund product chosen, generic risks which need to be considered include:
Underperformance There is always a risk that the managed funds investments may underperform or decline in value which will affect your return.
Management and performance fees Managed funds can charge fees for the professional management of the fund and these fees can reduce the overall return you receive from your investment
Asset class risk and specialised funds Certain asset classes and specialised funds may expose investors to additional risk. Investors should read each mFund Product Disclosure Statement or Combined Product Disclosure Statement (as applicable) before making any investment decision.
What is the mFund settlement service? mFund is the settlement service provided by ASX to enable investors to buy and sell units in unlisted managed funds directly with fund managers via their HSBC Online Share Trading account.
The service uses CHESS settlement system to automate and track the process of buying (applying for) and selling (redeeming) units in managed funds. Investors’ holdings in these funds are held electronically and can be linked to the same HIN used to hold other investments transacted through ASX, such as shares.
To find out more, download the ASX mFund brochure.
How do I invest in managed funds through the mFund service? Investing in managed funds with mFund is similar to investing in equities. Simply place an order online through our Managed Funds order pad. No need to provide any additional paperwork. Funds will settle through your linked HSBC bank account.
To invest, follow these 3 steps:
To sell your managed funds units, go to the Managed Funds order pad, choose the 'Sell' option and enter the quantity you plan to sell.
To find out more, you can visit the ASX mFund website or download the ASX mFund brochure.
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