Access unlisted managed funds via BOQ Trading
BOQ Trading now allows you to access managed funds via mFund. An mFund product is an unlisted managed fund admitted for settlement under the ASX Operating Rules. It is available to investors through the mFund Settlement Service.
The mFund Settlement Service has been introduced by ASX to allow investors to buy and sell units in selected unlisted managed funds ('mFund products') through their stockbroker.
Managed Funds - Diversification Potential
Managed fund products can provide access to portfolios made up of a number of companies or investments, different asset classes, industry sectors and overseas markets. The diversification provided by a managed fund may reduce your level of investment risk by minimising the impact of poor performance by a particular share, industry or industry sector.
Transparency and Efficiency
Your BOQ Trading account allows you to manage and monitor your share and managed fund investments, all in the one place. The potential advantages for you are:
- Saving time by cutting out the paperwork burden usually associated with buying and selling unlisted managed funds. Through mFund, the paper-based application process is replaced with an online process
- As an existing client of BOQ Trading, you will not need to send certified identification to each fund manager - we look after all of this for you, automatically!
- Timely access to a wider range of information about managed funds, including unit prices and related announcements, real-time views of your holdings and order status
Fees and rates
BOQ Trading charges a brokerage fee on mFund transactions. Our current fees are $49.95 or 0.198% of the trade value, whichever is greater. There are no ongoing platform administration fees.
Financial Services Guide
Our Financial Services Guide (FSG) has been updated to include mFunds. Any mFund order you place using the new order ticket will be subject to the new FSG.
Click here to download the FSG (PDF 1,337 KB)
Alternatively you can contact the BOQ Trading Helpdesk for assistance on 1800 748 977 or via email at firstname.lastname@example.org.