Investment choice is a key feature of self-managed super funds (SMSFs) and is usually one of the main drivers behind their establishment.
The ability to invest in different asset classes, acquire a piece of art or even acquire a direct interest in a property – the investment options are certainly diverse. As is the way in which these assets can be acquired and then held.
Over the years there have been significant changes in the way both listed and unlisted investments can be accessed and managed, with the introduction of new investment products, platforms and markets.
One relatively new way to gain exposure to investments is through mFund. These funds allow investors to buy and sell managed funds using the same electronic processing system the ASX uses to settle share transactions.
Background to mFunds
Managed funds have been available in the Australian market for decades and provide a style of investing familiar to most investors. In many cases, managed funds offer a cost-effective way to access a range of underlying investments and provide diversification that may not otherwise be possible.
Like shares, investors can buy and sell units in mFunds through their stockbroker or online broker.
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