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Post by Wisealpha on Jun 9, 2017 13:10:07 GMT
Dear all , Following the successful launch of the first 1 year WiseAlpha Investment Bond in which £400,000 was invested we’ve launched a new 5 year introductory tranche of the bond continuing with an attractive 8% coupon. This product is potentially interesting for those who prefer to invest in a diversified corporate income product separately managed. So far over £150,000 has been invested. After this introductory offer we intend to build out the bond programme with a full launch later in the year. Future rates will depend on market conditions in the senior secured and high yield market but investors can lock in the 8% rate now. Introducing the WiseAlpha Investment Bond
• The WiseAlpha Investment Bond is a fixed-term 5 year bond, targeting an attractive annual return • Attractive 8% rate of interest versus savings accounts and retail bond fund yields • The issuing entity, WiseAlpha Investment, is a specialist lending company • By investing in WiseAlpha Investment Bonds, investors can gain exposure to the same investments in large British corporates listed on the WiseAlpha site • Enhanced investment alternative to individual fixed income investments offered on the WiseAlpha market You can subscribe to WiseAlpha Investment Bonds on the wiseAlpha market and review the Summary Information Memorandum here: www.wisealpha.com/loan/detail/41/wise5Capital at Risk. No FSCS cover.
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macq
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Post by macq on Jun 9, 2017 14:30:44 GMT
Hi probably in t & c but at work and can not look for long What happens if WiseAlpha have problems, is the bond covered in the normal way or is there more risk then the other bonds?
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Post by Wisealpha on Jun 9, 2017 15:32:03 GMT
Hi Macq,
The way you should view the risk is similar to you managing your own diversified portfolio on the site except we manage it. The bond is issued by a separate SPV with no costs and it generates income from a diversified portfolio of bonds.
Kind regards,
The WiseAlpha team
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macq
Member of DD Central
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Post by macq on Jun 9, 2017 15:42:59 GMT
ok-but if you hit problems is a third party able to take over the running of this bond, as it is a different product compared to the other bonds?
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Post by Wisealpha on Jun 12, 2017 17:16:23 GMT
Hi Macq, yes that could be part of any handover to a third party although we would probably just continue to manage the exposure at no cost and look to repay investor funds as soon as practical to cover the amount of the bond plus interest.
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Post by Wisealpha on Jun 13, 2017 12:07:54 GMT
Update: Books close this Friday for the 8% WiseAlpha Investment Bond - so far £258,000 subscribed. With rates plummeting in some mainstream P2P this may be the last chance to lock in a high rate and for a portfolio of quality corporate debt. We'll be launching a fuller programme later in the year but can't guarantee the 5 year rate will remain the same as market conditions are hot right now. Information here:www.wisealpha.com/loan/detail/41/wise5Capital at Risk.
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Post by Wisealpha on Jun 15, 2017 15:55:19 GMT
24 hours left to subscribe for the 8% WiseAlpha Investment BondIf you haven’t yet subscribed for the WiseAlpha Investment Bond, it’s not too late - the books close this Friday. So far £374,000 has been invested. Information here: www.wisealpha.com/loan/detail/41/wise5Capital at Risk.
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macq
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Post by macq on Jun 15, 2017 16:45:21 GMT
hi-is that end of day/midday or when a total is reached?
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Post by Wisealpha on Jun 15, 2017 17:08:01 GMT
Hi Macq,
We'll close it at the end of the day.
Kind regards,
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Post by kazamx on Jun 16, 2017 22:37:28 GMT
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Post by phathank on Jul 2, 2017 16:06:24 GMT
• By investing in WiseAlpha Investment Bonds, investors can gain exposure to the same investments in large British corporates listed on the WiseAlpha site Is there any information available on exactly which individual bonds the WiseAlpha Investment Bond is made up of? Is it spread across all of them? Also, are there limits to how much is invested in one single bond?
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macq
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Post by macq on Jul 2, 2017 22:16:27 GMT
• By investing in WiseAlpha Investment Bonds, investors can gain exposure to the same investments in large British corporates listed on the WiseAlpha site Is there any information available on exactly which individual bonds the WiseAlpha Investment Bond is made up of? Is it spread across all of them? Also, are there limits to how much is invested in one single bond? I only ever see what you quoted.Think the idea is almost like an auto investment or P2P bonds on other sites where the idea is you don't have to do any work yourself in picking.But its a fair point and it would be helpful to know what percentage the bond is broken down into per investment bond to get a spread within it.
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Post by phathank on Jul 3, 2017 13:26:28 GMT
Thanks for the reply macq. I have to say it is the main thing discouraging me at the moment. I guess we can assume that a sizable portion of the Wisealpha investment bond is made up of the high yield (presumably riskier) stuff as it pays 8%.
If I buy a regular bond fund I can have a pretty good idea of what I'm actually investing in, whereas this seems rather opaque. For all I know three quarters of it could be made up of the Amigo Loans, Garfunkelux, Cabot Financial and New Day bonds, giving a hefty dose of exposure to financials and the UK consumer credit market I'd personally rather avoid at the moment. I would hope it's more evenly spread than that, but there's no way of knowing.
I get the point about leaving it to them and not having to do any work yourself but a bit more transparency would be good, especially from challenger companies claiming to be shaking up a supposedly murky industry.
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macq
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Post by macq on Jul 3, 2017 13:47:07 GMT
Thanks for the reply macq. I have to say it is the main thing discouraging me at the moment. I guess we can assume that a sizable portion of the Wisealpha investment bond is made up of the high yield (presumably riskier) stuff as it pays 8%. If I buy a regular bond fund I can have a pretty good idea of what I'm actually investing in, whereas this seems rather opaque. For all I know three quarters of it could be made up of the Amigo Loans, Garfunkelux, Cabot Financial and New Day bonds, giving a hefty dose of exposure to financials and the UK consumer credit market I'd personally rather avoid at the moment. I would hope it's more evenly spread than that, but there's no way of knowing. I get the point about leaving it to them and not having to do any work yourself but a bit more transparency would be good, especially from challenger companies claiming to be shaking up a supposedly murky industry. I would think your right about the higher yield bonds and the company or companies used as its unlikely that a company not on the main market was used(but can't be sure)Think the only way to get a smaller percentage is over a longer time by drip feeding smaller amounts into the bonds you like(to be fair to WiseAlpha that applies to a lot of other platforms) or look to a high yield bond fund where its already spread across many bonds
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Post by kazamx on Jul 3, 2017 17:03:19 GMT
I would guess upto £100,000 is the KIRS bond. We only ever saw £100,000 out of the £200,000 go up for sale. Its now showing as completed so it doesn't look like the other £100,000 is going to be going up.
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