Investment Fund Market Guide - Australia


Key features (Register market)




Settlement free of payment



Settlement against payment


Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus.

Disclosure Requirements


Refer to Disclosure Requirements – Investment Funds – Australia.

Restrictions on customer


Refer to Holding Restrictions – Investment Funds – Australia.

Restrictions on settlement





Market type / link type (Settlement link)

Register market and CSD link

Eligible fund types in CBL

Register market: Managed investment 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

Managed investment scheme – Defined under the Corporations Act 2001 (Cth) and generally has the following features:

  • People are brought together to contribute money to acquire rights (or interests) in the scheme (a type of financial product).
  • Contributions are pooled together with other investors or used in a common enterprise.
  • A “responsible entity” operates the scheme and investors have no day-to-day control over the operation of the scheme.

Examples of managed investment schemes eligible in CBL:

  • Unit trust;
  • Contract-based investment scheme.

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.