^Information on taxation is based on the continuation of current laws, as at the date of communication, and their interpretation which may be subject to change.
Please be aware that a CommSec Margin Loan exposes you to unfavourable movements in the value of shares and units in managed funds, and possibly to margin calls. Please be aware that you are personally liable for any shortfall that occurs should your entire portfolio have to be sold to answer a margin call where there have been falls in the market value of your investments. Only investors who fully understand the risks associated with gearing into investments should consider a margin loan.
As this information has been prepared without considering your objectives, needs, financial and taxation situation, you should, before acting on the information, consider its appropriateness to your circumstances and, if necessary, seek appropriate independent financial advice. All applications for a margin loan are subject to the Commonwealth Bank's credit approval process. Fees and charges apply.
CommSec Margin Loan is a product of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank) administered by its wholly owned but non-guaranteed subsidiary Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec"), a Participant of the ASX Group. Please consider the Product Disclosure Statement issued by the Bank available from commsec.com.au before making any decisions about a CommSec Margin Loan.