An mFund product is an unlisted managed fund admitted for settlement under the ASX Operating Rules and available to investors through the mFund Settlement Service. A wide range of unlisted managed funds from a broad range of leading managed fund issuers are available. Participating Fund Managers.
By investing in mFunds directly through CMC Markets Stockbroking’s standard platform, you have the opportunity to increase your diversification, by accessing and administering a range of asset classes – without the paperwork burden usually required to invest in managed funds.
Whether you’re a financial planner, adviser or self-directed investor – investing in mFunds via a CMC Markets Stockbroking account means goodbye to the ongoing administration fees you may be paying when investing in managed funds via a wrap platform.
Small differences in fees and costs can have a substantial impact on the end-investors long-term returns. If you’d like to find out more, or see the impact of the fees based on your own circumstances, the Australian Securities and Investments Commission (ASIC) website www.moneysmart.gov.au has a superannuation fee calculator to help you check out different fee options.