St George expands investor options

Largely in response to client requests, St George Margin Lending has increased the number of shares and managed funds it will lend against. Their list of approved shares increased by 41, while managed funds increased by 35, taking the total number of approved securities for St George Margin Lending to approx. 360.

Margin lenders consider market capitalisation, liquidity and volatility of the security before they firstly approve a security to lend against and then assign a maximum loan to valuation ratio. This is why you only see the larger, more heavily traded technology stocks such as Ecorp and Davnet making an appearance onto margin lenders’ approved lists.

St George indicated that it will continue to address client requests to expand its approved lists.