CDF only makes up 4% of the total value of my leveraged equities account (as I had to keep the proceeds of selling stocks in this account over the past two years in the linked cash management account in order to avoid geting margin calls), so this change won't have much effect. But CDF shares make up 50% of the investments in my Commsec margin account. When CDF is liquidated I think I'll just use the proceeds to reduce my overall margin loan balance, rather than reinvesting the proceeds in some other market proxy such as a listed investment company or ETF.
In future I intend to focus more on investing within our SMSF rather than increasing the size of my margin loan accounts. At one stage it was possibly to use gearing within a SMSF by investing in CFDs, but that may no longer be available.
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