Important update: ASX decision to wind down mFund and what this means for investors
Following an announcement by the ASX in November 2023 to wind down and close the ASX Managed Fund Settlement Service (mFund), Macquarie Investment Management Australia Limited (Macquarie) was granted approval by the ASX for the removal of the Funds from mFund.
The Funds were removed from mFund on Monday 12 May 2025.
Please note, however, that new investors wishing to make an initial investment in a Fund may apply to us directly or through an investor directed portfolio service (IDPS). Please contact your financial adviser or IDPS operator for details.
Please refer to the Investor notice and the ‘Investor frequently asked questions’ below for more information such as how to make an additional investment or update your account details as a direct investor.
Following an announcement by the ASX in November 2023 to wind down and close the ASX Managed Fund Settlement Service (mFund), Macquarie Investment Management Australia Limited (Macquarie) removed the Funds from mFund on Monday 12 May 2025.
Visit the ASX website for more information on the ASX’s decision to wind down and close mFund.
As an existing mFund investor in a Fund, you may continue to make additional investments or redemption requests by instructing your broker until Friday 2 May 2025. The request must be received by us by the earlier cut-off time as specified by the ASX Operating Rules and your broker on Friday 2 May 2025. Please contact your broker for more information.
Following the removal of the Funds from mFund on or around 12 May 2025, your investment will be converted into a direct holding in that Fund with Macquarie. You will retain the same investor number and all instructions in relation to your investment (including applications, redemptions and change of contact details) must be made directly to us. Your broker-sponsored holding, linked to your CHESS Holder Identification Number will no longer apply.
Refer to Question 5 below if you would like information on how to invest and access your money as a direct investor with Macquarie.
Alternatively, you can instruct your broker to convert your investment into a direct holding with Macquarie before Friday 2 May 2025. Please note we are still required to collect certain information (which may include identification documents) from you if you decide to convert earlier.
Following the removal of the Funds from mFund on 12 May 2025, your investment in a Fund, through mFund, will have been converted into a direct holding in that Fund with Macquarie. You will have retained the same investor number and all instructions in relation to your investment (including applications, redemptions and change of contact details) must now be made directly to us. Your broker-sponsored holding, linked to your CHESS Holder Identification Number no longer applies.
Refer to Question 5 below if you would like information on how to invest and access your money as a direct investor with Macquarie.
Under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and related rules (AML/CTF law), we are required to collect certain information (which may include identification documents) from you.
While you may have previously provided this information to your broker, we have not been provided access to information that is held by your broker.
If this information is not provided to us, certain restrictions may be placed on your account in order for Macquarie to comply with AML/CTF law.
For example, regardless of your previous distribution preference, you will no longer be eligible to reinvest distributions. Your distribution will instead be paid in cash directly into your nominated Australian financial institution account on file. You will also not be able to add to your investment and there will be delays in paying redemption proceeds.
To avoid such restrictions and delays, please complete the AML/KYC form and return it to mam.clientservice@macquarie.com, together with any required identification documents. Refer to the form for further instructions.
Please contact us at 1800 814 523 or email mam.clientservice@macquarie.com so we can check our records and assist you.
Please refer to the product disclosure statement for the relevant Fund, in the table above, to obtain further information on how to invest and access your money as well as the relevant application and redemption cut-off times.
To update your account information, please refer to the Change of details form on the forms page for further information.
Your financial adviser will have access to your investment if they are listed as your servicing adviser with us. Please contact us to check if you are unsure.
You can easily appoint a financial adviser to your account by providing a signed instruction. Your adviser will need to complete the ‘Dealer group and/or adviser transfer and change of contact details form’ if they do not have an adviser profile with Macquarie Asset Management.
The ASX website provides details on the closure of mFund including the mFund product removal schedule.
Macquarie offers various ETFs including the following:
- Macquarie Dynamic Bond Fund - Macquarie Dynamic Bond Active ETF (ASX: MQDB)
- Macquarie Income Opportunities Fund - Macquarie Income Opportunities Active ETF (ASX: MQIO)
- Walter Scott Global Equity Fund - Macquarie Walter Scott Global Equity Active ETF (ASX: MQWS)
For more information on buying and selling active ETFs, please visit Macquarie’s ETF website and Active ETF Education Hub.
We recommend you seek your own tax advice and consult a financial adviser for advice specific to your circumstances before taking any action.
Please contact us on 1800 814 523 or email at mam.clientservice@macquarie.com if you have any questions about the Funds or the removal from mFund.
For all other enquiries, please contact your broker or visit the ASX website.
| Fund name | ARSN | APIR code | ASX mFund code |
| Arrowstreet Global Equity Fund | 122 036 006 | MAQ0464AU | AGF01 |
| IFP Global Franchise Fund | 111 759 712 | MAQ0404AU | GFF01 |
| IFP Global Franchise Fund (Hedged) | 138 878 092 | MAQ0631AU | GFH01 |
| IFP Global Franchise Fund II | 636 430 165 | MAQ3060AU | IFP01 |
| Macquarie Australian Fixed Interest Fund | 090 079 155 | MAQ0061AU | AUF01 |
| Macquarie Corporate Bond Fund – Class R Units | 087 391 311 | AMP9024AU | MPI04 |
| Macquarie Dynamic Bond Fund | 101 815 141 | MAQ0274AU | DYB01 |
| Macquarie Global Listed Real Estate Fund – Class R Units | 112 377 198 | AMP9026AU | MPI03 |
| Macquarie Income Opportunities Fund | 102 261 834 | MAQ0277AU | IOF01 |
| Macquarie Real Return Opportunities Fund | 163 764 350 | MAQ3069AU | RRO01 |
| Walter Scott Global Equity Fund | 112 828 136 | MAQ0410AU | MWS01 |
| Walter Scott Global Equity Fund (Hedged) | 129 574 447 | MAQ0557AU | MWH01 |
| Winton Global Alpha Fund | 124 282 971 | MAQ0482AU | WGA01 |
Introducing Macquarie ETFs
The Fund(s) mentioned above may have multiple classes of units on issue. A separate class of units is not a separate managed investment scheme.
This information has been prepared by Macquarie Investment Management Australia Limited (ABN 55 092 552 611 AFSL 238321) the issuer and responsible entity of the Fund(s) referred to above. This is general information only and does not take account of investment objectives, financial situation or needs of any person and before acting on this information, you should consider whether this information is appropriate for you. In deciding whether to acquire or continue to hold an investment in a Fund, an investor should consider the product disclosure statement for the relevant class of units in a Fund, if any, and the Website Disclosure Information available at macquarie.com/mam or by contacting us on 1800 814 523.