MSB 3.16% $1.31 mesoblast limited

MSB Trading - 2020, page-11095

  1. 428 Posts.
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    @Mibart These shares with small LVRs are called bonus share. You get no LVR if you invest into them as a single stock. However, if its part of a portfolio which has atleast 5 shares with standard LVRs, you get access to that portfolio LVR of 40% or 35%. In other words, if you bundle it with CBA, NAB, CSL, WBC and SYD, you get 40% LVR. If you sell one of those shares with standard LVR, you will lose 40% LVR on your bonus shares.

    Other thing to consider: If your investment into one of your porotfolio shares exceeds 75% of your total portfolio value, you lose LVR of your bonus shares (as if you have one share with 75% weight, standard LVR applies for all your portfolio shares).

    CommSec always shows standard LVR, not Portfolio LVR.
    Last edited by shax786: 29/05/20
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