Schroders Direct mFunds

Simplify your investment journey

What is the mFund settlement service?

The mFund Settlement Service allows you to buy, hold and sell units in Schroders' managed funds through a process similar to buying and selling shares.

You can easily buy (apply for) and sell (redeem) units via a broker and the transactions are settled using CHESS, the ASX electronic settlement system. mFunds is supported by the ASX rule framework ensuring all parties, including stockbrokers, issuers and unit registrars are accountable for their roles and responsibilities.

Why is Schroders paperless?

Schroders supports innovative solutions in the industry and the ASX settlement service mFund is just that. This solution is paperless and facilitates a user-friendly service, for you to invest with ease.

Schroders funds

Schroders has selected a number of funds that offer the astute investor access to funds providing exposure to a range of asset classes and opportunities including global investments. Long-term thinking governs Schroders approach to investing and in the creation of long-term value.

How to invest

  1. Firstly read the relevant fund Product Disclosure Statement (PDS) for the chosen fund and the accompanying Additional Information book including other relevant fund summaries and reports.

  2. Next you need to contact a participating broker. You can use a full service or online broker. Click here to see the list of available brokers on the mFund website.

  3. The broker will require instructions for a buy or sell order and payment for new units in the chosen Schroders mFund.

  4. Following completion of the transaction an mFund confirmation and CHESS statement will be sent to you.

By using CHESS, orders for units are sent electronically, this enables progress of orders to be monitored, and at settlement for unit balances to be recorded on your HIN alongside other investments; providing greater transparency over your holdings.




Quick Links

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mFunds Redemption Template

Net Units on Issue Template