FuturePay is an innovative new, listed, actively-managed fund which aims to deliver investors: a predictable monthly income that grows with inflation, driven by returns and capital growth, with a focus on downside protection. This is underpinned by a reserving strategy and on-going income support, together with daily access to capital.

 

FuturePay invests in a carefully selected portfolio of high-quality global companies that have the potential for attractive, long-term investment returns but are less volatile than the broader equities market.

 

Alongside FuturePay sits the Support Trust. Together with FuturePay , the Support Trust operates to provide a capital reserving and income support function. This is further supplemented by a MFG Reserve Facility. These provide FuturePay with potential income support during poor market conditions, to assist FuturePay in delivering its objective of providing investors with a predictable and growing monthly income stream, while reducing the risk of permanent capital loss. Think about it like saving for a ‘rainy day’.

 

This combination of FuturePay ’s investment strategy, coupled with the Support Trust and a MFG Reserve Facility to provide reserving and income support to help manage volatility, all in a single product, is what makes FuturePay unique.

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Closing Price Chart
Magellan FuturePay (Managed Fund)(FPAY)

Fund Announcements

Date Time Issuer Announcement PP Link
15 Sep 202102:09 PM 02:09 PM FPA FPAY - Distribution Reinvestment Plan 1
10 Sep 202102:04 PM 02:04 PM FPA FPAY Fund Update - August 2021 2
03 Sep 202103:26 PM 03:26 PM FPA FPAY - Units on Issue & Monthly Redemptions - August 2021 1
31 Aug 202105:12 PM 05:12 PM FPA FPAY Quarterly Portfolio Disclosure - 30 June 2021 2
27 Aug 202102:36 PM 02:36 PM FPA FPAY - Monthly Distribution Announcement 1
12 Aug 202103:03 PM 03:03 PM FPA FPAY Fund Update - July 2021 2
03 Aug 202105:14 PM 05:14 PM FPA FPAY - Units on Issue & Monthly Redemptions - July 2021 1
02 Aug 202108:55 AM 08:55 AM FPA FPAY - Target Monthly Income update 1
27 Jul 202102:33 PM 02:33 PM FPA FPAY - Monthly Distribution Announcement 1
20 Jul 202108:52 AM 08:52 AM FPA FPAY Fund Update - June 2021 2
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Resources

ABOUT THE FuturePay FUND

To find out more about FuturePay and how it works, click here here.

Why FuturePay?

Magellan’s Chief Executive Officer Dr Brett Cairns provides an overview of FuturePay, what it aims to deliver investors and what makes the product unique. Watch video.

FuturePay Overview

FuturePay aims to deliver investors a predictable monthly income that grows with inflation, capital growth with a focus on downside protection, a reserving strategy and on-going income support, and daily access to capital. Find out more.

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