Ever since allowing retail investors to get a slice of the action, Finndon Group has been flooded with investors asking for a positon within its very lucrative FIG super bond strategy. The super bond is spread across a number of property sectors ranging from institutional commercial developments to bridging and asset-back property loans. The implementation of its new analyst team, as well as their exclusive property network, has allowed Finndon Group to not only surpass many of their competitors but also become one of the new bond firms making noise on the block. Subscriptions for the first quarter hit an all-time high, with over 200% more clients investing into the FIG super bond strategy.
Average first time commitments ranged quite drastically as not only corporate but sophisticated investors were both introduced to the super bond, the average first-time investment for a retail client ranged between £10,000 – £20,000. The level of subscriptions the super bond has received was way past the company’s expectations.
John Swift, Director & Founder at Finndon Group said, “The company have seen an unprecedented amount of interest in the super bond and volatile market conditions have been a catalyst to the interest from the public, Investors want more from the banks and are simply not happy with receiving below average returns on their money and are now looking at property backed bonds as a real alternative to a savings account even if it means taking on slightly more risk.”
Finndon Group Income Bonds
Originally formed in 1995 Finndon Group provide investors with a range of property backed fixed income bonds. Investors receive a quarterly income fixed for between 3-5 years and yields of up to 9% per annum. Typically the longer the investment term the higher the yield you will receive as an investor and this rate remains fixed for the duration of the bond. Another interesting point to mention is there are no upfront fees, set up fees or exit fees and the company generate their revenue based on the margins from the investments that you are involved in.