ANZ Portfolio Finance Loan allows you to establish a credit facility using the financial assets in your portfolio that reside with ANZ. You can use this Finance loan to borrow against the financial assets in your account, up to a certain percentage of their market value.
It is common industry practice to refer to the percentage which can be loaned as the advance ratio. The factors that determine the advance ratio include: the type of loan, currency, quality, volatility, and liquidity of the securities among other factors. This individual security review is then combined with a review of the overall diversification of your portfolio to determine suitability. †
- Flexibility to use the credit facility as liquidity or to invest in additional securities
- Obtain additional capital without having to sell existing securities in your portfolio
- Continue to enjoy possible capital appreciation as well as income potential
- Risk diversification from a wide range of security and currency investment options
- Structuring the loan according to your specific needs
|Advance Ratio||Determined on an security by security basis|
|Minimum Facility||SGD 50,000 or equivalent|
|Choice of currencies||AUD, EUR, SGD, HKD, USD, JPY, NZD, CAD, GBP, CH|
|Drawdown options||Minimum SGD 50,,000 or equivalent (initial)
Minimum SGD 20,000 or equivalent (subsequent)
|Repayment options||On maturity of the loan, or every 6 months. Whichever is earlier|
|Currency Switching||Available (Conditions Apply)|
Advance Ratios for Products
|Product Type||Maximum Advance Ratio|
|Mutual Funds||Up to 90%|
|Bonds||Up to 90%|
|Dual Currency Investments (DCI)||Up to 80%|
|Shares||Up to 70%|
|ETF’s||Up to 70%|
|Equity Linked Notes||10% Reduction on the Stock Advance Ratio|
|Structured Deposits and Tower Deposits||Up to 80%|
|Cash Deposits||Up to 100%|
|Structured Notes||Up to 80%|
- Exchange rate risk
Currency mismatch between borrowing currency and underlying investment can work for or against you by resulting in capital loss by way of decrease in available equity in your portfolio.
- Asset price risk
Asset price fluctuations can result in capital loss by way of decrease in available equity in your portfolio.
- Interest rate risk
Interest rate fluctuations may result in higher interest rate costs to you or a capital loss by way of decrease in available equity in your portfolio.
Please note that the above is published for information and general circulation purposes only and does not constitute nor purport to constitute any form of advice, recommendation or offer to sell or issue, or invitation to offer, or solicitation, to buy, invest in or subscribe for any product or service, and any representation or warranty in respect of any product or service. The above does not take into account the specific investment objectives, financial situation or particular needs of any particular person. The products and services mentioned above may not be suitable for all investors and a person receiving or reading the information set out above should seek advice from a financial adviser regarding the suitability of such products and services, taking into account the specific investment objectives, financial situation or particular needs of such person, before making a commitment to purchase or subscribe for any of such products or services. While the information set out above is based on sources believed to be reliable, Australia and New Zealand Banking Group Limited (“ANZ”) (together with its directors and employees) makes no representations or warranties expressed or implied as to the accuracy, completeness or timeliness of any of such information, and ANZ accepts no liability for any loss whatsoever, direct or indirect, arising from the use of such information. Past performance is not indicative of future results. Products and services are available only in those jurisdictions where they may be legally offered. Changes may be made to products and services at any time without prior notice to you. Any product or service referred to herein may not be offered or sold within the United States or to or for the benefit of US Persons. Neither this document, nor any copy thereof may be sent to or taken into the United States or distributed in the United States or to a US person. The full disclaimers at our website at anz.com.sg are deemed to be incorporated herein.
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