Invest using BPAY®

Investing with BPAY® is simple and flexible;

Who can use BPAY® to invest?

Existing investors

At present, only existing investors can use BPAY® to add to their investment in a Magellan fund or to make an investment in another Magellan fund. BPAY® is not currently a payment option for new investors.

How do I use BPAY® to make an investment?

BPAY® is available as a method of payment in the online banking portals of most Australian banks and financial institutions. We recommend that you contact your bank or financial institution to confirm that you can use BPAY® to make a payment from your account, or if you are unable to locate BPAY® in your online banking portal.  

Once you have logged in to your bank or financial institution’s online banking portal, follow these steps to add to your existing investment:

  1. Enter the Biller Code for the Fund (Biller Codes for the Funds are provided below)
  2. Enter your unique 12-digit Customer Reference Number (CRN). Please note that this is different from your investor number. Please contact the Unit Registry to obtain your CRN or refer to your latest transaction confirmation
  3. Enter the amount you wish to invest. Please note that a minimum of $500^ applies to additional investments made by BPAY®. If you don’t currently have an investment in the fund, then the initial minimum investment amounts apply.
  4. Record your receipt number or save a copy of your BPAY® payment receipt as proof of payment. The Unit Registry will send you a transaction confirmation once units have been issued to you.

# Subject to your financial institution or bank supporting scheduled payments and systems availability.
^  There is no minimum additional investment for Magellan Global Fund (Open Class) using BPAY®.

BPAY® Biller Codes for Magellan Funds

Fund BPAY® Biller Code
Magellan Global Fund (Open Class Units) 308163
Magellan Global Fund (Hedged) 308171
Magellan Infrastructure Fund 308205
Magellan Infrastructure Fund (Unhedged) 308189
Magellan High Conviction Fund (Class A and B Units)  308197
Magellan Sustainable Fund  341735
For more information go to www.bpay.com.au or contact the relevant Unit Registry if you have a specific question not addressed here.

Mainstream Fund Services: 1300 127 780 for all above mentioned funds except for Magellan Sustainable Fund. 
Automic Group: 1300 408 792 for Magellan Sustainable Fund only.