FAQ - Invesco mFunds
FAQ

Invesco mFunds

Invesco mFunds

1. Which Invesco Funds participate in the mFund Service?
You can find our full listing of participating mFunds here as well as the offer documents and other product information.  

2. Are Invesco mFunds different from non-mFunds?
The only difference is in the way units are purchased and sold, which for mFunds is through the ASX mFund settlement service.

3. How frequently do the Invesco mFunds get valued?
Invesco mFunds are valued daily.

4. What is the application settlement date of the Invesco mFunds?
If we accept an investor's valid instruction before the 11.15 a.m. EST cut-off time on a Melbourne Business Day, units will generally be issued (or withdrawn) at the entry (or exit) unit price applicable for that day. If we accept a valid instruction at or after the cut-off time, or on a day that is not a Business Day, units will generally be issued (or withdrawn) at the applicable entry (or exit) price for the following Business Day.

5. What is the ASX's role in regard to mFunds?
The role of ASX is to provide a settlement service only.

6. What is the mFund Settlement Service?
It is a service which allows investors to buy and sell managed funds directly with the fund managers via brokers.

7. What is the redemption settlement date of the Invesco mFunds?
If we accept an investor's valid instruction before the 11.15 a.m. AEST cut-off time on a Melbourne Business Day, units will generally be issued (or withdrawn) at the entry (or exit) unit price applicable for that day. If we accept a valid instruction at or after the cut-off time, or on a day that is not a Business Day, units will generally be issued (or withdrawn) at the applicable entry (or exit) price for the following Business Day. 

8. How are the prices of units in an mFund product set?
As with all unlisted managed funds, the price of units is set by the fund manager.

9. What happens after I have bought units in an mFund?
Once the units have been purchased via a broker the investor will receive a letter from the Invesco. This will confirm the details of the investment, including the number of units purchased, the price paid and other details specific to the mFund product, such as whether there is an option to reinvest distributions.

10. What information will I receive while I hold mFund products?
Once the mFund Settlement Service is operational, you will be able to see the current price of units in an mFund product at any time at www.mfund.com.au. Stockbrokers are also expected to make pricing information available through their own portfolio management systems.

Back to top