9% 'secure energy' government backed bonds?

would note point 4 where it says government backed sector so not sure that's the same as the government  backing the bond.There is an offer on C****2***d at the moment for a company to use the energy from a wood chipping bio mass boiler operation to get a government rebate/income for 20 years so would guess its the same sort of thing(not sure if that can be taken away before 20 years?).But with that you get 10% for 4 years but can start from £100 not the £5000 on the bond

My 20 seconds of Due Dil have revealed -

All info in the public domain.   beta.companieshouse.gov.uk/company/10336033/persons-with-significant-control




Looks like ownership of the company is split 50/50 between father and baby son.  Unless of course Companies House has got its data wrong.

Check out their previous company name too.  New company, no filings, no accounts - LIVE FOREVER TRADING LTD


Wonder how many people read the terms and conditions of this offer ....

Sophisticated Investor Exemption

I declare that by clicking the 'Accept Statement And Proceed' button I am confirming my status as a Sophisticated Investor for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. I confirm that at least one of the following applies to me:

1. I am a member of a network or syndicate of business angels and have been so for at least six months prior to the date below.

2. I have made more than one investment in an unlisted company in the two years prior to the date below.

3. I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises.

4. I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.

I understand that by being a self-certified Sophisticated Investor this means that I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority;the content of such financial promotions may not conform to rules issued by the Financial Services Authority.

High Net Worth Individual Exemption

I declare that by clicking on 'Accept Statement And Proceed' button I am confirming my status as a self-certified High Net Worth Individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. I confirm that at least one of the following applies to me:

1. I had during the financial year immediately preceding the date below an annual income to the value of £100,000 (one hundred thousand pounds) or more; or

2. I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:the property which is my primary residence or any loan secured on that residence;- any rights of mine under a qualifying contract of insurance or pension which are payable on the termination of my service, or on my death or retirement, and to which I am (or my dependants are), or may be, entitled.

I understand that by being a self-certified High Net Worth Individual this means I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority. The content of such financial promotions may not conform to rules issued by the Financial Services Authority.

In addition by declaring this statement I may lose significant rights and I may have no right to complain to either of the following: the Financial Services Authority; or- the Financial Ombudsman Scheme. I may have no right to seek compensation from the Financial Services Compensation Scheme. I understand that I can lose my property and other assets from making investment decisions based on financial promotions and I am aware that it is open to me to seek advice from someone who specialises in advising on this kind of investment.

Definitely not my cup of tea


www.scamadviser.com/check-website/securedbonds.co.uk


No face, no address, no tel #, and I don't believe they are selling bonds.

Unfortunately, the FCA seems unable or unwilling to clamp down on such loose wording. I'm not knocking this company, but I have seen some wording for similar investments that makes me cringe. There is one firm out there that advertises the fact that "all of our bonds are investment grade". Errrmmmm no they aren't.

Other phrases to look out for are :

"Capital guaranteed" - by whom?!
"Secured" - with what?

I think that buying things that are wrapped inside a bond can be very sensible as it provides a diversified portfolio with a (theoretically) fixed return. You effectively rely upon the securitiser to pick the loans for your portfolio. It also (if well structured) can go into your regular ISA or SIPP. However, in any asset like this looking at the bond itself is no substitute for looking at the underlying assets. 


I could now plug something, but I won't

My background is as a bond trader and syndicator, so I am a little picky! In my opinion, something being marketed as a "bond" should be liquid and regulated. Most of what is currently being marketed as "bonds" is something that is neither of the above. The risk is that investors gain a false sense of security from the term, especially when they read in the tabloids that they should "buy bonds" for their portfolio. 

I sent a message to you!