Post by jlend on Sept 7, 2017 8:49:12 GMT
I wonder if the text on the website is perhaps too optimistic? It doesn't make it clear the code is not as good.
Has anyone got a high level of diversification currently?
It may be unrealistic to tell people this is possible. Perhaps good to tell people what is likely to occur rather than the note at the bottom?
"The GBBA will automatically diversify your account funds across many matching loans at any given time, with the aim of doing so in an equal and proportionate way and subject to loan availability. For example, if 50 suitable loans are available, the GBBA will aim to invest approximately 2% of account funds into each loan. Likewise, with only five suitable loans, the GBBA will aim to invest approximately a fifth (20%) of account funds into each loan.
Please note that in situations where the number of loans matching the account criteria is low, diversification is only possible across the matching loans – this may mean that the actual extent of the automatic diversification may be limited unless/until new loans become available. In such a scenario the percentage invested in any one loan may rise."
