What is Maximum Gearing Ratio (MGR)?
The Maximum Gearing Ratio (MGR) is the maximum level of gearing we will allow, expressed as a percentage against your portfolio (disregarding any financial product with a lending ratio of 0%). The MGR is published on our Accepted Securities List.
A margin call is triggered when:
- Your current LVR exceeds the margin call LVR; or
- Your current LVR exceeds the Maximum Gearing Ratio (MGR)
When your account is in margin call, you must immediately adjust your gearing level so that it is below the lower of Base LVR, or the Maximum Gearing Ratio. A margin call must be met by 2pm Sydney time on the next business day after a margin call is triggered.
For further clarification on MGRs, please contact our Margin Lending desk on 13 17 09 or +61 2 8397 1351 if calling from overseas, 8am to 6pm (Sydney time), Monday to Friday.
