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
14 Jan 202202:56 PM 02:56 PM FPA FPAY Fund Update - December 2021 4
14 Jan 202212:36 PM 12:36 PM FPA FPAY - Summary of Units Issued under DRP 1
10 Jan 202204:44 PM 04:44 PM FPA FPAY - Magellan FuturePay Fund-Monthly redemptions & units on issue - December 2021 1
06 Jan 202210:47 AM 10:47 AM FPA FPAY - Magellan FuturePay Distribution reinvestment price for distribution payable 14 January 2022 1
29 Dec 202109:24 AM 09:24 AM FPA FPAY - Monthly Distribution Announcement 1
23 Dec 202102:15 PM 02:15 PM FPA Magellan FuturePay Replacement PDS 32
15 Dec 202104:24 PM 04:24 PM FPA FPAY - Summary of Units Issued under DRP 1
13 Dec 202105:17 PM 05:17 PM FPA FPAY Fund Update - November 2021 2
07 Dec 202109:21 AM 09:21 AM FPA FPAY - Resignation of CEO and Director and Appointment of Interim CEO 1
06 Dec 202103:37 PM 03:37 PM FPA FPAY - Units on Issue & Monthly Redemptions - November 2021 1
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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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