mFund Administration 

The ASX mFund service creates a powerful platform for the transactional and registry needs of unlisted managed funds.

Utilising the power of the CHESS sub register, often cumbersome client onboarding and fund flow paperwork is replaced by an electronic messaging process similar to that of a stock transaction.

As an approved issuer of ASX Exchange traded Products and an ASX Settlement Participant, Chimaera’s infrastructure offers an automated mFund administration platform at a fraction of the cost of using the various service providers required for each function. Specifically, Chimaera can offer back office services including:

• Safekeeping and settlement
• Income processing and corporate actions.
• Recordkeeping and reporting
• CHESS Sponsorship
• Online Account Access
• Flexibility to trade through multiple brokers
• Scheme administration

As well as dedicated mFund services:

• Daily Portfolio NAV calculation and market dissemination
• Provision of estimated intraday NAV files
• mFund Unit creation/redemption flows
• Periodic statements and unit holder reporting
• Third party registry selection and management
• Preparation of Marketing documentation
• Third party registry

Learn more about ASX mFund. click here