Magellan FuturePay (FPAY) launches on Chi-X Australia
Chi-X Australia (“Chi-X”) is pleased to welcome the newly launched Magellan FuturePay (Managed Fund) (“FuturePay”, Chi-X symbol ‘FPAY’), issued by Magellan Asset Management (“Magellan”), to its growing suite of Chi-X Funds.
FuturePay commences trading at 12pm on the 2nd of June and aims to deliver investors with a predictable monthly income that grows with inflation, is driven by returns and capital growth, and has a focus on downside protection.
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