Some functionality will be unavailable due to scheduled maintenance from 06:00 until 12:00 Sunday 25 February 2024. We apologise for any inconvenience caused.

Google Chrome and Microsoft Edge are in the process of rolling out a version update which is impacting some nabtrade functionality, including buy/sell buttons and certain page loads. If you are a Chrome or Edge user and are experiencing these problems, please visit the following FAQ to review the steps that need to be taken to prevent this issue from occurring.

mFunds

Due to new legislation, we're making changes to our mFunds product offering.

Changes to the mFunds product offering

You won’t be able to buy mFunds on nabtrade

From 4 August 2021 mFunds Buy orders on nabtrade will not be processed.

You’ll receive a warning message when you try to place mFunds Buy orders on the nabtrade order pad.

We will continue to support your existing mFund holdings

We will continue to allow you to hold any existing mFund investment on nabtrade, including the facilitation of mFund sell orders.

We will notify you if this changes.

Frequently asked questions

The Government has introduced new Design and Distribution Obligations (DDO) from 5 October 2021 which require (amongst other things):

  • product issuers to make, publish and review a target market determination for financial products i.e. determining who the product is appropriate for; and
  • product distributors (nabtrade) to take reasonable steps to only distribute the financial products within that target audience.                                            

You don’t need to do anything. From 4 August 2021 you simply won’t be able to submit any mFund buy orders on nabtrade.

No, you don’t have to sell or transfer existing mFunds holdings. We will continue to allow you to hold any existing mFunds investments acquired prior to 4 August 2021 on nabtrade, and the sell functionality will still be available.