Margin Lending
With a Bank of Queensland Margin Loan, it's easy for you to start building your wealth today. A Bank of Queensland Margin Loan is simply a line of credit to buy shares and units in managed funds, with the only security required for the loan is the portfolio itself. You can choose to create a new investment portfolio with a Bank of Queensland Margin Loan or leverage an existing portfolio - both of which may help you meet your financial goals sooner.
The loan allows you to borrow between 40% and 80% of the value of the approved shares and managed funds. This is called the Loan-to-Value Ratio (LVR) which is assigned to each share and managed fund that you would like to invest in. By combining your own equity with the power of a Margin Loan, you can build a larger portfolio sooner.
With a Bank of Queensland Margin Loan you can:
- have more money working for you sooner
- be able to diversify your investments
- unlock your capital without selling your existing assets so you avoid creating a capital gain.
Need further assistance
- How much do I need to get started?
- What share and managed funds can you afford?
- How much can you borrow against your existing portfolio?
View our Margin Lending calculators or call 1300 78 37 09
Features and benefits
| Feature | Description |
|---|
| Extensive choice of investments | - Australian shares
- managed funds
|
| Wide range of security | Use cash, Australian shares or managed funds as equity for your loan. The security of the loan can be held in your name or someone else's name (this is known as Third Party Security). This allows you to start investing even if you don't have any existing equity with which to invest. Download the list of approved securities. |
| Competitive interest rates are repayments types | - variable and fixed interest rates available
- repayments in arrears or advance options available
|
| No application or establishment fees | There are currently no application, establishment or account closure fees, except for corporate and trust borrowers.* |
| Flexibility of investment | - Use the stockbroker of your choice or contact us for a referral to a Financial Planner
- Switch holdings within your portfolio at any time
- No minimum or maximum loan terms and therefore no set time to repay your loan
|
| Instalment Gearing | Combining monthly savings, borrowed funds and regular monthly investment you can invest into an extensive choice of managed funds allowing you to build wealth sooner, but without investing a large amount of capital upfront. |
| Margin Lending Online Service | The easiest way to obtain current information about your Bank of Queensland Margin Loan is through our secure online customer service website. Margin Lending Online allows you to safely and easily monitor your facility and portfolio information at any time. Margin Lending Online provides you with up-to-date personal portfolio information, transaction histories, cash available, security calculators, self-service administration and a range of informative materials. Login to the Margin Lending Online Service. For more information download the Margin Lending User Guide (PDF 1200kb). |
| Customer service | We are dedicated to providing exceptional customer service. The Account Management Team will ensure that your loan runs smoothly - from the time you contact us about Margin Lending to the time you start investing. View a copy of our customer service charter (PDF 177kb). For access to all customer forms and corporate action on direct shares please visit the Customer notice board. |
Interest rates
| Product | Annual percentage rate (% p.a.) | Reference rate | Interest Payable |
|---|
| Variable Margin Lending loan | 10.25 | Bank of Queensland Margin Lending Rate (Variable) | Monthly in arrears |
| Fixed Margin Lending loan | POA | n/a | Monthly in arrears |
| Fixed Margin Lending loan (PREPAID) | POA | n/a | Interest payable annually in advance prior to 30 June |
How to Apply
1. Download and print the application form
2. Complete the application form and 'Application for Finance checklist' contained within the application to ensure you haven't forgotten anything
3. Return your completed application form:
Contact details
Telephone: 1300 78 37 09
Fax: 1300 78 37 16
Postal: GPO BOX 3125, Sydney NSW 2001
Important information
Information current as at September 8, 2008.
Macquarie Bank Limited ABN 46 008 583 542 ("the Lender") is the lender under the Bank of Queensland Margin Loan. Bank of Queensland Limited ABN 32 009 656 740 ("Bank of Queensland") does not guarantee or otherwise support the Lender's obligations under the Bank of Queensland Margin Loan and Security Agreement. Bank of Queensland distributes the Bank of Queensland Margin Loan under an agreement with the Lender. Accordingly, references to "Margin Lending", "we", "us" and "our" may, depending on the context, be references to the Lender. Further details on the Lender's role is set out in the Bank of Queensland Loan and Security Agreement.
*Fees charged to corporate and trust borrowers include a Trust deed vetting fee, a company charge for new applicant lodgement fee and a release fee for account closure. Please note that normal government statutory charges will be levied, including any stamp duty. Further details on applicable fees and charges is set out in the Bank of Queensland Loan and Security Agreement.
The information in this web page has been prepared for general information only, and is not intended as a substitute for financial or other professional advice. It has not been prepared with reference to the investment needs, objectives or financial situation of any particular person, and shouldn't be relied on as such. Potential investors should seek professional legal, financial and taxation advice on the implication of investing to their own particular circumstance. Full terms and conditions are set out in the Bank of Queensland Margin Loan and Security Agreement. Fees and charges, and government taxes and charges, are payable.