I would also point out that the PDS on p4 does state that the product time frame should be considered as between 7-10 years. So this is not a hop-in/hop-out investment for share traders but rather a longer term investment for those requiring a regular cash payment.
I do have a question that I have not had the opportunity to discuss with Magellan/Automic and that is:
The units are now quoted on the ASX (today at $5.79) if the units are purchased via a trading platform
( I use Westpac's) and registered with CHESS how do they get registered with the FuturePay fund in my account name??
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $5.037M | 595.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 4641 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |