What is Westpac Self Funding Instalments?

What is Westpac Self Funding Instalments?

Westpac Self-Funding Instalments (Westpac SFIs) give investors leveraged exposure to ASX-listed securities with no risk of margin calls. Ordinary dividends or distributions paid on the underlying security are used to reduce the loan amount.

What are Self Funding Instalments?

Self Funding Instalments (SFIs) are a way to gain long term geared exposure to ASX-listed shares and Exchange Traded Funds (ETF’s), while receiving many of the benefits of share ownership including exposure to share price movements, dividends and franking credits.

What are Westpac self-funding instalments?

Westpac Self-Funding Instalments (Westpac SFIs) give investors leveraged exposure to ASX-listed securities with no risk of margin calls. Ordinary dividends or distributions paid on the underlying security are used to reduce the loan amount.

What is a WestPac SFI loan?

Westpac Self-Funding Instalments Westpac Self-Funding Instalments (Westpac SFIs) give investors leveraged exposure to ASX-listed securities with no risk of margin calls. Ordinary dividends or distributions paid on the underlying security are used to reduce the loan amount.

Are Westpac SFIS available to primary market applicants?

Westpac SFIs are no longer available to primary market applicants (Cash Applicants, Securityholder Applicants or Rollover Applicants). If you have any queries regarding your investment in this product please speak to your financial adviser or alternatively call Investment Sales on 1800 990 107 or email [email protected].

What happens if the price of a WestPac SFI falls?

If the price of the underlying security falls, the price of the Westpac SFI may fall at a greater rate and investors may risk losing some or all of their capital investment The gearing level may change materially as the price of the underlying security and the loan amount change throughout the term.