Investing in the stock market is at best unpredictable. For many clients, today’s conditions could make it downright unbearable.
Octopus Choice lets your clients target great interest by investing – alongside us – in loans backed by real bricks and mortar. For clients with money to invest, but nowhere to invest it, this could be the choice they’ve been waiting for.
A variable interest rate of 4.2% pa, paid monthly. Interest is automatically re-invested so your clients’ investments grow even more quickly. We’ll soon be introducing an income option, too.
We invest 5% in every loan from our balance sheet. In each one, your client will get their capital back before us, and earn all of their interest before we earn any. That’s how confident we are.
All loans secured against bricks and mortar – real, tangible assets that can be seized and sold if the unlikely happens. Initially residential property, always with a ‘first charge’.
We manage over £6 billion on behalf of nearly 60,000 customers. All loans are carefully selected by our lending team – who have lent nearly £1.9bn, and lost less than 0.1%.
Arrange and manage your clients’ investments quickly and easily. Our platform lets you track their interest, monitor their portfolio – and set up all-important upfront & ongoing fees.
Octopus Choice is not a cash savings account. Investors’ capital is at risk, and they may not get back the full amount lent.
Past performance is not a reliable indicator of future results.
This new product is the first of its kind available in the UK, and as such Octopus should be applauded. On the face of it, it should provide decent returns without being subject to the stock market. Since the money is largely secured, then there would appear to be a lower risk.
Facilitating both up-front and ongoing fees, Octopus Choise will allow advisers to broaden the scope of their client's deposits that are earning low levels of interest in savings accounts or cash ISAs.
For those advisers looking to reduce exposure to equities, the product presents a stable and uncorrelated asset class that can diversify their clients' investment portfolios without compromising on returns. The payment of monthly interest also gives clients a new way to generate a regular income from their savings.