Hi,

I was wondering if anybody has experience with ASB Margin Lending,and if it possible
to use it similar to a revolving credit facility?

For example, building up a portfolio in a margin account and having leverage within the required ratio. Then paying down the leverage/loan
through regular dividends and income, and after time transferring cash out of the margin account to fund other investments/expenses?
(obviously staying within the required margin ratios).


Is this possible to do this? As it would be potentially be a good strategy to free up cash/equity from current holdings without having to sell them.
Or is it only possible to use the margin to make additional share purchases?


Thanks in advance,


Styerz