Westpac Protected Equity Loan

Borrowing to invest can help you diversify your portfolio, but it does include some risks. With a Protected Equity Loan you can choose a level of capital protection at maturity that suits your needs.

Borrow to Invest

Build a diversified portfolio of securities by borrowing to invest

With capital protection

Choose from 50% up to 100% capital protection at maturity

Do you have an SMSF?

Did you know a Protected Equity Loan is available to SMSFs.

Features and benefits

A Protected Equity Loan may suit those who are looking to invest in the share market using a potentially tax-effective structure whilst choosing a level of capital protection at maturity. A Protected Equity Loan is available for individuals, companies, trusts and SMSFs. Borrowing to invest increases your potential gains, and your potential losses. Please refer to the PDS for more information on the key risks

Wide investment choice

Access a range of ASX-listed securities, including ETFs. A minimum loan of $50,000 can consist of minimum security parcels of $10,000 with terms up to 5 years. View approved list here.

Individual parcel performance

Keep parcels of shares that are performing, and return any that fall below their protection levels at maturity as they operate independently.

Tax benefits

Tax deductible interest and franking credits may apply, please refer to the tax section in the PDS.

Dividend income

Receive any dividends or distributions throughout the term of the loan.

No margin calls

Choose your protection level

Choose the level of capital protection (up to 100%) at maturity, for individual securities

Risks associated with Westpac Protected Equity Loan include:

  • The Westpac Protected Equity Loan is a geared investment. Gearing can magnify both losses and gains.

  • You will lose money on an investment in a loan if the securities do not appreciate in value by an amount (plus ordinary dividends you receive) that exceeds the interest you pay on your loan (and any interest loan), brokerage and fees and costs associated with the loan.

  • There are material risks associated with early termination, including a risk that you will be charged significant break costs. In particular, capital protection does not apply if a loan terminates before maturity.

  • By entering into a loan, you will also be exposed to market risk.

  • In certain circumstances, we may exercise our discretion to trigger the early repayment of all or part of your loan.


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Things you should know

The individual situation of investors may differ and investors should seek independent professional tax advice on any taxation matters.

Westpac Banking Corporation ABN 33 007 457 141, AFSL 233714 is the issuer of the Westpac Protected Equity Loan facility Product Disclosure Statement (PDS) dated 19 April 2012. You should consider the PDS before deciding whether to enter into a Westpac Protected Equity Loan facility.

Consider the PDS before making any decision to invest. This information does not take into account your personal objectives, financial situation or needs so you should consider its appropriateness having regard to these factors before acting on it. The PDS and other disclosure documents are relevant when deciding whether to acquire or hold this product and can be obtained by calling 1800 816 222.