Cache is developing a lending solution that may allow investors to borrow against their exchange fund shares through select banking partners. This product is not yet available but is expected to launch soon.
Once available, the terms of such loans — including interest rates and other charges — will be determined by the lending institutions based on prevailing market conditions.
For now, investors should note that Cache does not currently offer direct borrowing or margin against fund shares, but we will provide updates as the lending program becomes available.
If you don’t have a seven year time horizon for your investment and need liquidity sooner, our brokerage firm offers other products that may be a good fit. For example, our Collar Advance lets you borrow against your stock shares at rates that are typically lower than mortgage rates.
To assess your eligibility for our exchange fund, collar advance, or other Cache products, just tell us about your situation.