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| Rebate Offer |
100% |
| Minimum Initial Investment |
$50,000 |
| Expected Close Date |
CLOSED |
| Description |
MQ Listed Protected Loan is an opportunity for investors to take a limited recourse loan from Macquarie to invest in ASX-listed shares. |
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The Macquarie MQ Listed Protected Loan provides investors with a way of getting leveraged exposure to the performance of a particular share for a fraction of the price of the share itself. You will have beneficial interest in the ASX-listed shares, which will be mortgaged to Macquarie as security for repayment of your loan and any other amounts you may owe.
Investors will benefit from any dividends and franking credits (please note any special dividend payments will be used by Macquarie to reduce the balance of your loan) and obtain full legal title to the underlying share at any time by paying the completion amount. You also have the option to "walk away" from your investment after each annual interest date.
Each year, you can choose to walk away from your investment, pay any amounts owing on the loan and receive full legal title to the share or pay the annual interest amount separately from your own funds and continue your investments. In addition, you can choose to sell your LPLs on the ASX.
Key Features of the MQ Listed Protected Loan
- Investment term: 3 or 5 years
- 100% loan protection
- 100% finance
- No margin calls
- Over 70 Australian shares
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 1.5% placement fee that would otherwise be charged to investors for loans with a 3 year term OR 100% of the 2.0% placement fee that would otherwise be charged to investors for loans with a 5 year term. 2020 DIRECTINVEST may receive a trailing commission of up to 0.5% pa. This trailing commission is paid by Macquarie MQ and is NOT an additional charge to the investor. |
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| Financial Advice | Professional fee for service financial advice - avoid % based adviser service fees that last the life of the investment. more info
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