What is Maximum Gearing Ratio (MGR)?

The Maximum Gearing Ratio (MGR) is the maximum amount we will lend expressed as a percentage against a portfolio, as determined by us from time to time.

The MGR is published on our Accepted Securities List. When your account is in Margin Call, you must immediately adjust your gearing level so that it is below the lower of the Base LVR, or the Maximum Gearing Ratio. A Margin Call must be met by 2pm Sydney time on the next business day after a margin call is triggered.

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How can I decrease my Margin Loan credit limit?

To decrease your Margin Loan credit limit you need to provide us with a signed letter requesting the new limit. Please note that we cannot reduce the credit limit below $20,000.

The signed request...

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