LVR updates

For a variety of reasons, during the course of the month we may be required to change the Loan to Value Ratios (LVRs) of the approved shares and managed funds for the Macquarie Margin Loan.

The following LVRs have changed during the month, effective 21 November 2008:

Increased/decreased LVRs

Stock/Managed Fund Code Name Old LVR New LVR
WYl Wattyl Limited 50% 0%
IEF ING Real Estate Entertainment Fund 50% 0%
SDL Sundance Resources Limited 30% 0%
SAV Savcor Group Limited 30% 0%
EZL Euroz Limited 40% 0%
HHL Hunter Hall International Limited 55% 0%
BNBG Babcock & Brown Subordinates Notes 60% 50%
BBI Babcock & Brown Infrastructure Group 60% 50%

Capped securities

Throughout the month we reach full capacity in certain shares and can no longer extend value to new holdings. A full list of current capped securities is available under "Restricted Shares" in the Macquarie Margin Loan Approved Shares List (pdf 46Kb).

  • There are no newly capped securities.

Approved securities and lending ratios may change at any time. In some cases, Macquarie may limit the maximum amount you may pledge or buy of certain securities. For more information, please contact us.