mFunds from the ASX
mFunds is an ASX initiative which enables investors to buy and sell units in selected unlisted managed funds in a similar process to investing in shares. This can be facilitated through a stockbroker online or in person, or through a financial adviser who uses a broking service on their behalf.
The service uses CHESS for settlement which is the ASX electronic settlement system and is designed to replace the traditional paper application process for unlisted managed fund transactions.
SG Hiscock has a range of funds available on mFund Settlement Service:
* Note the SGH Emerging Companies Fund is closed to new investors.
Visit the ASX dedicated mFund website www.mfund.com.au to find out more on the mFund service including: