Savings Gearing through regular monthly contributions is increasingly popular.
It combines a regular savings plan with a Margin Loan. Each month, customers provide a fixed equity contribution from their savings account. This is supplemented by a loan draw down from the Savings Gearing loan. These funds are combined and invested in approved Managed Funds.
Solid savings plan
Builds an investment portfolio month by month
Wide range of funds
Offers a large selection of Approved Managed Funds
Low initial customer equity contribution
$1,000 subject to Fund Manager requirements
Low on-going monthly equity contribution
$250.00 subject to Fund Manager requirements
Minimum initial loan
$1000.00 subject to Fund Manager requirements
Minimum monthly loan advance
You have a buffer of 5% for ASX Listed companies and 10% for Managed Funds above the maximum lending ratios applying to your security
Monthly account statements
Keep track of your portfolio and loan details
Wide range of repayment options
Use branch deposits, Bpay or Direct Debit
Competitive interest rates
Variable rates and fixed pre-paid interest rate
|Monthly Account Keeping Fee||Nil|
Approved Securities List
See the Approved Securities List.