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Post by Ace on Oct 16, 2024 12:27:09 GMT
Another HDR loan tranche repayment has been made today. It was from the 2nd law firm. It was the 3rd tranche repayment for #4764. This tranche had a profit of 33.2%. The average profit for repaid cases in this loan is 23.9% (23.28% XIRR ).
Returns so far from all HDR loans (all 4 law firms, including the one in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 4.98%. (This is steadily rising as repayments from the loans in good standing are received and should continue to do so barring any further "issues", except when further zero-profit funds are refunded by AF to compensate lenders for losses on the outstanding cases in loans to the law firm in administration).
Assuming an equal amount was invested in each of the 17 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 5.48%. For each £1k equal investment (£17k across the 17 loans), £9,199.65 of capital and £637.73 profit (£9,837.38 total) would have been paid so far.
Returns so far from all HDR loans in good standing(I.e. excluding those from the law firm in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 22.58%.
Assuming an equal amount was invested in each of the 10 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 22.29%. For each £1k equal investment (£10k across the 10 loans), £2,935.40 of capital and £637.73 profit (£3,573.13 total) would have been paid so far. |
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Post by Ace on Oct 21, 2024 15:08:45 GMT
Another HDR loan tranche repayment has been made today. It was from the 2nd law firm. It was the 4th tranche repayment for #4968. This tranche had a profit of 28.57%. The average profit for repaid cases in this loan is 19.3% (23.57% XIRR ).
Returns so far from all HDR loans (all 4 law firms, including the one in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 5.10%. (This is steadily rising as repayments from the loans in good standing are received and should continue to do so barring any further "issues", except when further zero-profit funds are refunded by AF to compensate lenders for losses on the outstanding cases in loans to the law firm in administration).
Assuming an equal amount was invested in each of the 17 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 5.67%. For each £1k equal investment (£17k across the 17 loans), £9,299.65 of capital and £666.30 profit (£9,837.38 total) would have been paid so far.
Returns so far from all HDR loans in good standing(I.e. excluding those from the law firm in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 22.66%.
Assuming an equal amount was invested in each of the 10 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 22.40%. For each £1k equal investment (£10k across the 10 loans), £3,035.40 of capital and £666.30 profit (£3,701.70 total) would have been paid so far.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,056
Likes: 616
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Post by dave4 on Oct 22, 2024 9:36:11 GMT
Launch #5607 ,hdr
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Post by Ace on Oct 22, 2024 10:06:51 GMT
It's interesting to compare the stats for this law firm as stated on AF website as at 30/7/24 with the same stats in the Offer Document for this new loan to see how the cases are progressing. Over those 3 months the average ROI on repaid tranches rose from 18.7% to 21.8%, with 9 more tranche repayments during that time. The average annualised return from the 27 repayment tranches across 8 loans to this law firm with at least 1 repayment to date are stated as 22.1%, with 370 of the 1265 underlying cases having been repaid.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,056
Likes: 616
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Post by dave4 on Oct 22, 2024 12:25:37 GMT
It's interesting to compare the stats for this law firm as stated on AF website as at 30/7/24 with the same stats in the Offer Document for this new loan to see how the cases are progressing. Over those 3 months the average ROI on repaid tranches rose from 18.7% to 21.8%, with 9 more tranche repayments during that time. The average annualised return from the 27 repayment tranches across 8 loans to this law firm with at least 1 repayment to date are stated as 22.1%, with 370 of the 1265 underlying cases having been repaid. Filled, 2hrs ish
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billt
Posts: 105 
Likes: 79
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Post by billt on Oct 26, 2024 11:00:06 GMT
Just had 100 % and 60% loss on one case
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Post by overthehill on Oct 26, 2024 12:52:25 GMT
Didn't like the way things were trending so I've been running down for a while, loans are taking years to repay and returns end up lower than expected. Then you add the case and law firm failures.
I had one which paid much less profit than predicted, one with no profit at all and one almost certain to be 100% loss. Unless you have at least 20 loans and true diversification which is difficult the returns are not worth the risk. I'll still come out with a small profit but a waste of time for unnecessary risk.
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billt
Posts: 105
Likes: 79
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Post by billt on Oct 26, 2024 13:36:13 GMT
I decided to be in every loan from the beginning, time for a rethink and more research before investing.
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Post by Ace on Oct 26, 2024 13:43:02 GMT
Just had 100 % and 60% loss on one case You did better than me. I got a100% loss on two loans to the same case (#2244 & #2817). Extremely vexing that the loss seems to be due to the ECHR making a purely political (and totally incorrect) decision to disallow the case with absolutely no recourse for the claimant. We'll never know whether the merits of the case were justified now, as it won't be heard. It seems that the ECHR have decided that p***ing off a single claimant and a very small number of investors is politically more acceptable than risking finding against the UK government in the current political environment. (To be clear, I'm totally against pulling out of the ECHR, but this ruling considerably reduces my respect for the organisation). I'm still in profit on AF, and hopefully the Spanish case will reverse these losses for me. It's certainly a massive rollercoaster, with 100% losses and >100% gains on some of these commercial cases. BTW, which loan was the 60% loss?
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billt
Posts: 105
Likes: 79
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Post by billt on Oct 26, 2024 16:19:23 GMT
4101 Fran----ch 100% loss
5416 Fran----ch 60 % loss
I don’t understand why there is only 60 % loss on 5416
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Post by Ace on Oct 26, 2024 16:30:57 GMT
4101 Fran----ch 100% loss 5416 Fran----ch 60 % loss I don’t understand why there is only 60 % loss on 5416 Thanks. I wasn't in those as I was already at my limit for the case when those topup loans were funded, so can't see the details. 5416 was to fund the application to the ECHR. Given that they have declined to hear the case, I presume that not all of the funds were drawn down. Presumably the 40% lost was used to prepare the case, with the other 60%"earmarked to progress the hearing. All supposition on my part, but seems reasonable.
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billt
Posts: 105
Likes: 79
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Post by billt on Oct 26, 2024 17:47:27 GMT
Thanks Ace that makes sense, up to now I haven’t bothered reading the initial downloads about each case, I worked on the basis that I would invest in as many opportunities as possible, not sure if it will make any difference but I will try to apply more research into each case before investing.
Whatever the outcome I still have faith in the integrity of the team at Axia
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,056
Likes: 616
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Post by dave4 on Oct 28, 2024 12:31:32 GMT
Thanks Ace that makes sense, up to now I haven’t bothered reading the initial downloads about each case, I worked on the basis that I would invest in as many opportunities as possible, not sure if it will make any difference but I will try to apply more research into each case before investing. Whatever the outcome I still have faith in the integrity of the team at Axia I read the downloads, but the there is so many variables and the outcome hinges on so many factors, judge in favorable mood, having the better argument on the day ect. Its almost a win or loose return numbers game.
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Post by Ace on Oct 28, 2024 16:44:42 GMT
Another HDR loan tranche repayment has been made today. It was from the 2nd law firm. It was the 3rd tranche repayment for #5084. This tranche had a profit of 26.39%. The average profit for repaid cases in this loan is 19.6% (23.43% XIRR ).
Returns so far from all HDR loans (all 4 law firms, including the one in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 5.21%. (This is steadily rising as repayments from the loans in good standing are received and should continue to do so barring any further "issues", except when further zero-profit funds are refunded by AF to compensate lenders for losses on the outstanding cases in loans to the law firm in administration).
Assuming an equal amount was invested in each of the 17 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 5.83%. For each £1k equal investment (£17k across the 17 loans), £9,399.65 of capital and £692.69 profit (£10,092.34 total) would have been paid so far.
Returns so far from all HDR loans in good standing(I.e. excluding those from the law firm in administration)
The overall XIRR for the repaid portions of my HDR case investments is now 22.71%.
Assuming an equal amount was invested in each of the 10 HDR loans that have received at least 1 tranche repayment so far, the XIRR is 22.48%. For each £1k equal investment (£10k across the 10 loans), £3,135.40 of capital and £692.69 profit (£3,828.09 total) would have been paid so far. |
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Post by Ace on Oct 29, 2024 14:19:38 GMT
The AxiaFunder Track Record page has been update. See here: www.axiafunder.com/track-record. Standard Commercial claims and HDR loans to the 2nd to 4th law firms have been going particularly well so far. The High Risk Commercial claims (just the 4 Francovich loans so far) went badly. |
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