New gearing calculator for Alpha POWER Shares
This updated calculator lets advisers create specific gearing-based projections for clients who invest in Alpha POWER Shares via the Macquarie 100% Investment Loan. The new calculator now accommodates the new Budget rules for protected borrowing.
Under this loan, Macquarie provides 100% of the funds for the investment and the Alpha POWER Shares portfolio is the only security required.
The loan for Alpha POWER Shares is a capital-protected loan that lets Australian resident retail investors own a blue-chip Australian share portfolio for zero capital outlay.
Among other things, the Macquarie Investment Loan and Interest-Prepayment calculator worksheets let advisers enter:
- The investment amount
- Their fees
- The loan term and interest rate
- The client’s marginal tax rate
- Yield and franking
- Income distribution and annual growth rates
As you can tell, we’re pretty excited about it - the calculator is another part of our strategy to build useful tools for leading advisers.
Click here to request the calculator.
