eWRAP Margin Lending
The eWRAP Margin Lending facility provides you with the opportunity to borrow money to invest through your eWRAP Investment Account.
St.George Bank – A Division of Westpac Banking Corporation ABN 33 007 457 141 (St.George) is the issuer of eWRAP Margin Lending. St.George offers a competitive Acceptable Securities List (ASL), featuring a wide range of shares and managed investments with a range of loan-to-value ratios.
By borrowing money to invest in shares and managed investments through your eWRAP Investment Account, you can increase the size of your portfolio and have the opportunity to potentially increase your returns. By providing a larger pool of money to invest in a wider range of shares or managed investments, eWRAP Margin Lending can also improve the diversification of your portfolio, and this diversification may help you to manage overall investment risk.
While margin lending can increase your potential for greater returns, it can also increase the potential for greater losses if investments perform poorly. If the value of your portfolio falls, your losses will be greater than if you had an un-geared investment. Due to this risk, margin lending may not be a suitable investment strategy for every investor.
You can apply for an eWRAP Margin Lending facility when you open your eWRAP Investment Account or at a later date.
View the latest interest rates that apply to eWRAP Margin Lending.
This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. When considering margin lending, we strongly recommend you consult your financial adviser.