The buy/sell spread is a type of transaction cost incurred when buying and selling the underlying assets of the portfolio. The purpose of the buy/sell spread is to ensure that only those investors transacting in a Fund’s units at a particular time bear the costs of buying and selling the assets as a consequence of their transaction. The spreads will reflect costs such as brokerage, stamp duty, underlying security spreads and other government taxes or charges.
Buy/sell spreads applied to Funds will be adjusted up or down over time in line with sustained changes in transaction costs experienced by a Fund.
The Responsible Entity has reviewed current transaction costs and determined to adjust the buy/sell spreads for the Fund(s) listed in the table below.
Date | Update of information |
---|---|
19 SEP 2023 | Update of Buy/Sell Spreads - mFund (PDF) |
19 SEP 2023 | Update of Buy/Sell Spreads (PDF) |
26 JUL 2023 | Update of Buy/Sell Spreads - mFund (PDF) |
26 JUL 2023 | Update of Buy/Sell Spreads - (PDF) |
20 JUN 2023 | Update of Buy/Sell Spreads - mFund (PDF) |
20 JUN 2023 | Update of Buy/Sell Spreads - (PDF) |
27 APR 2023 | Update of Buy/Sell Spreads - mFund (PDF) |
27 APR 2023 | Update of Buy/Sell Spreads - (PDF) |
16 FEB 2023 | Update of Buy/Sell Spreads - mFund (PDF) |
16 FEB 2023 | Update of Buy/Sell Spreads - (PDF) |
19 DEC 2022 | Update of Buy/Sell Spreads - mFund (PDF) |
19 DEC 2022 | Update of Buy/Sell Spreads (PDF) |
17 DEC 2022 | Update of Buy/Sell Spreads - mFund (PDF) |
17 NOV 2022 | Update of Buy/Sell Spreads (PDF) |