Protected Equity Loan

Call for more information
on 1800 990 107

Product overview

Interest-only investment loan package offered by Westpac to build an investment portfolio from a wide selection of shares and units in listed Australian entities or leverage off an existing portfolio.

Suitable for those who:

Want to invest in the sharemarket with 100% borrowed funds
Want protection at maturity if the securities fall in value
Want to trade high-performing securities to lock in profits from any capital growth during the loan term
Access tax deductions associated with gearing
Want to keep the gains from high-performing securities and hand back loss-making securities to Westpac at maturity

Details
Westpac Protected Equity Loan Product Disclosure Statement (PDF 2.63MB)

Features

The ability to borrow 100% of the funds for your investment, so you do not have to use your own funds (other than interest payments), with full protection of the value of your investment at maturity
Minimum loan is $50,000
Choice of term ranging from 1 to 5 years
No margin calls
Access to all ordinary dividends, distributions and potential franking credits declared in respect of your securities
Reduced interest rates are available by giving up a portion of any capital growth
"Top-up" the loan for high-performing securities to lock-in unrealised profits
Sell high-performing securities during the loan term to lock-in profits and use the proceeds to buy the same or different securities listed on the Term Sheet

Warrant profiles and price information

View the latest Warrant profiles and price information.

Want to invest more?

Consider a margin loan where you can choose from over 660 approved Australian securities.

Get financial advice

Find out what to expect and how to arrange a meeting with no obligation.

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our Australian Prudential Regulation Authority Registrable Superannuation Entity (RSE) Licence & Registration numbers.

By accessing and viewing this website you agree to be bound by the Terms and Conditions of this website.

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Investment in Westpac Protected Equity Loan and the distribution of the Offering Circular in jurisdictions outside Australia may be restricted by law. Persons in those jurisdictions should seek advice on and observe any such restrictions.

Tax Note:
The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Westpac financial planners are not qualified to give tax advice. Your individual situation may differ and you should seek independent professional tax advice on any taxation matters.
The Product Ruling issued by the Australian Taxation Office is only a ruling on the application of taxation law and is in no way expressly or implied as a guarantee or endorsement of the commercial viability of Westpac Protected Equity Loan Plus, or the soundness or otherwise of the Westpac Protected Equity Loan Plus as an investment, or of the reasonableness or commerciality of any fees charged in connection with the Westpac Protected Equity Loan. The Product Ruling is only binding on the Commissioner if the Westpac Protected Equity Loan Plus is implemented in the specific manner provided in the Product Ruling. Investors should read the Product Disclosure Statement available for the Westpac Protected Equity Loan in its entirety and seek professional advice to determine whether or not this product meets their investment needs. Copies of the Product Ruling, Product Disclosure Statement and Term Sheet can be obtained by calling Westpac Banking Corporation ABN 33 007 457 141 on 1800 990 107.