The ASX plans to wind down the mFund platform at the end of May 2026. No immediate action is required, however, if you wish to convert your holdings to a direct investment you will need to do this before 30 April 2026.
Below is a step-by-step guide for existing mFund unitholders who wish to convert to a direct investment.
For investors
Step 1 – CHESS Conversion Message (transfer units from mFund to a direct account)
Please have the broker send Bennelong an mFund CHESS Conversion Message. This will convert the units from being held with the broker, to being held directly with Bennelong.
After the broker sends the mFund CHESS Conversion Message, a Transaction ID will be generated. Our administrators need this Transaction ID to complete the transfer of units. You’ll find a section in the initial account application form where you can enter this Transaction ID.
Step 2 – Completing the initial account application
Please ensure that the name on the initial application matches the name on the existing mFund account.
For example, if your mFund account name is Ben and Sarah Long ATF The Bennelong Super Fund, then the name on the initial application must also be Ben and Sarah Long ATF The Bennelong Super Fund.
You can access the online initial application form for existing mFund unitholders converting to a direct investment below.
General enquiries
Our Client Experience team can assist with general queries, but cannot make any product recommendations or determine whether a fund will meet your personal needs. If you are uncertain, please consult your financial adviser. If you don't have an adviser, visit The Financial Advice Association Australia to find a planner.
Phone: 1800 895 388 (Australia) | 0800 442 304 (New Zealand) The team is available Monday to Friday from 9am to 5pm AEST; we are closed on public holidays.
Email: client.experience@bennelongfunds.com
