Margin Loans buying other funds?

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by rambada, 24th Jan, 2008.

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  1. rambada

    rambada Well-Known Member

    Joined:
    1st Jul, 2015
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    This is a basic query.

    Have Navra fund investment margin geared through ANZ. If I want to buy other funds & margin them do I have to go through Navra or can I contact ANZ and advise them I want to buy xyz funds at x% margin? If not, how do I buy other funds without using Navra?

    Its the control freak coming out in me!
     
    rambada, 24th Jan, 2008
    #1
  2. samaka

    samaka Well-Known Member

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    I assumed you'd have to purchase the units using your own capital first. Then tell ANZ you wish to drawdown on your ML.
     
    samaka, 24th Jan, 2008
    #2