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.
|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|