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Borrowing to invest in managed fund

Discussion in 'Managed Funds & Index Funds' started by greenstripes2039, 6th May, 2012.

  1. greenstripes2039

    greenstripes2039 New Member

    Joined:
    29th Mar, 2012
    Posts:
    3
    Location:
    Sydney, NSW
    Sorry if there's already a post on this- I had a bit of a look around and couldn't find anything.

    Is there a company that would lend out say $5000 to be re-paid over a year (maybe two) for the purposes of investing in a managed fund, if I also contributed $5000?

    I already have a managed fund with ANZ and I know they do margin loans, but does anyone know if they lend over a short period such as this?
     
  2. Terryw

    Terryw Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    653
    Location:
    Sydney
    Maybe a personal loan?
     
  3. zudjian

    zudjian Member

    Joined:
    25th Nov, 2011
    Posts:
    17
    Location:
    Melbourne, VIC
    Seeing as you already have a managed fund with ANZ, you may be able to get a margin loan secured against that managed fund. Just check if your fund is on the approved list:

    ANZ Investment Lending Approved Securities List | ANZ

    The listed LVR will determine how much you could potentially borrow.

    This is an option only - certainly not a recommendation!