Investment Fund Market Guide - Australia
Key features (Register market)
Yes/No | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus. |
Disclosure Requirements | Yes | Refer to Disclosure Requirements – Investment Funds – Australia. |
Restrictions on customer | Yes | Refer to Holding Restrictions – Investment Funds – Australia. |
Restrictions on settlement | No |
Remarks | |
Market type / link type (Settlement link) | Register market and CSD link |
| Eligible fund types / legal forms in CBL | Register market: Trust in the form of Managed investment schemes and Unregistered Schemes CSD linka: ETFs and listed managed funds are accepted for settlement in ASX |
a. Please refer to the Market Link Guide - Australia for more details on funds on CSD link. | |
Eligible fund types in CBL
Register market
Funds can be in the form of:
- Trusts
- Registered schemes or Managed Investment Schemes governed under Chapter 5C of Corporations Act 2021 (Cth) (Corporations Act)
- Unregistered schemes governed by the terms of the trust deed, and general trust law and state-based trustee legislation
CSD link
(Please refer to the Market Link Guide - Australia for more information.)
Exchange Traded Fund (ETF) – Listed ETFs have the same settlement process as listed equities.
Listed Managed funds - Australian Securities Exchange (ASX) offers four (4) types of listed managed funds:
- Listed investment company (LIC) and Listed investment trust (LIT);
- Australian real estate investment trust (A-REIT);
- Infrastructure fund;
- Absolute return fund.