FC Conservative | P2P Independent Forum

benaj
Member of DD Central

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FC Conservative Apr 29, 2019 13:00:14 GMT

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Post by benaj on Apr 29, 2019 13:00:14 GMT

Any one has experience with FC conservative? It only invests in the A+ / A risk market and the projected return is 4.3% to 4.7%.

I am interested to know the default rates for A+ / A loans. One of my FC account has 234 business loans invested in the Balanced portfolio. Out of the 8 defaults, only 2 of them are "A"s. I have a total of 97 A+ and A loans.

nyneil
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FC Conservative May 14, 2019 9:28:49 GMT

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Post by nyneil on May 14, 2019 9:28:49 GMT

Does anyone have feedback on the Conservative portfolio?

I withdrew most of my FC investment c12 months ago, when I became disillusioned by the growing number of defaults, especially in the C-E grade loans. Much to my surprise, it now looks like the ongoing recoveries will push me back to black :-) I'm just wondering about re-investing, but only in the Conservative portfolio.

All opinions welcomed.

invester
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FC Conservative May 14, 2019 11:22:57 GMT nyneil likes this

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Post by invester on May 14, 2019 11:22:57 GMT

TBH I think the loan gradings are slighty arbritrary, and even A-B loans have their fair share of stinkers.

The projected returns seem to agree with this, Conservative is 4.3-4.7%, which basically means 4.3%, and Balanced is 4.5-6.5, which is basically 4.5%.