Alternative savings Quantrom P2P Lending DAC A product that makes saving worthwhile again Version 23 September 2019
Alternative savings • Why invest with Quantrom? • How we invest • What we invest in • Our mission • Code of ethics • P2P crowdfunding is growing • Some simple economics • How your savings grow with Quantrom • Return • Terms and conditions • Tax matters • Some background charts • The Quantrom team
Alternative savings How to achieve a better return on your saving Meet the savings response to AirBnB
Alternative savings Why invest with Quantrom? • You receive an attractive return on your savings. • You contribute to higher growth in Europe. Your money is invested on the same terms and conditions as ours.
Alternative savings How we invest • After thoroughly reviewing suitable platforms*, we invest in those with the strongest business model. • We scrutinise platform systems and their economic performance. • We analyse the loan books to avoid negative surprises and bad payers. • Investment risks are carefully assessed and compared with expected returns. New opportunity for attractive returns *Online market places, where buyers and sellers can trade loans or parts of loans. For more information, see page 17.
Alternative savings What we invest in • We invest in tranches of loans with high creditworthiness. • Investments are concentrated in loans with collateral (houses, cars etc.), which currently accounts for more than 50% of the portfolio. • Up to 50% is invested in consumer loans. • Up to 10% is invested in business loans. • Geographical investment focuses on the Baltic states and Eastern Europa; in these countries, the supply of bank financing is much smaller than in Western Europe, and therefore the cost for the borrower is higher. We invest conservatively, as the objective is a stable return.
Alternative savings Our mission • To provide you with a stable return with a minimum of volatility. • We aim for a simple, automated investment process. • We monitor developments in market platforms closely to ensure that we invest in those with the strongest business model. • Monthly reporting, to keep you up-to- date with your investment’s progress. • We wish to contribute to the economic development in Europe by investing in the real economy at a fair price. We want to make a difference
Alternative savings Code of ethics • Act professionally and with integrity. • Adopt best practices with regard to legal and regulatory frameworks. • We invest together with you and align our mutual interests. • We invest in highly rated loans only, and do not invest in payday loans. We always care for your investment.
Alternative savings P2P crowdfunding is growing In Europe, borrowing is only 3 billion EUR per year. The potential is with others words really big In the United States borrowing via P2P is More than 40 billion EUR per year. Analysts predict 30 - doubling over 10 years 9
Alternative savings Some perspectives • Savings in a current account at the bank earning zero interest will necessarily be impaired by inflation. • An inflation rate of 2% (the ECB’s inflation -rate target) would, after 10 years, reduce an invested amount of EUR 10,000 to less than EUR 8,200 in real-value terms.
Alternative savings How your savings grow with Quantrom • With an annual return of 5%, the chart below shows the difference between investing with us and putting your money in the bank. • After 10 years, the real value of your savings invested in Quantrom P2P Lending will be more than EUR 13,400 – that is 5,000 EUR more than leaving the savings on deposit in a bank.
Alternative savings Return A simplified calculation Expected income from interest 9,00% Management fee 1,00% Administrative cost 1,15% Expected losses on loans 0,50% Irish corporate tax (12,5%) 1,25% Return on investment 5,10% In the longer run (5 years), we expect market rates to have stabilised at a somewhat lower level than today. We therefore expect a return after costs of 5% per annum through the period.
Alternative savings Terms and conditions • You invest in Profit Participation Notes in Quantrom P2P Lending DAC. • The initial investment is a minimum of EUR 10,000. • Thereafter, you can invest additional amounts from as little as EUR 2,000. • You can invest monthly. • The investment is locked up for 12 months; after one year, you can sell part of or the whole investment with a notice period of one month. • The management fee is 1% plus a performance fee of 1/10 of any return exceeding 7%.
Alternative savings Taxation We recommend that you consult a tax advisor in order to verify your tax position before subscribing to or redeeming shares in Quantrom P2P Lending DAC, and to assess the fiscal implications of an investment in Quantrom P2P Lending DAC as they relate to your individual situation. Quantrom P2P Lending DAC is taxable under Irish corporate law. The corporate tax rate in Ireland is currently 12.5%. Gains or losses on notes in Quantrom P2P Lending DAC are taxable according to the laws of each noteholder’s country of tax residence.
Alternative savings Some background charts
Percentage 10.00 12.00 14.00 0.00 2.00 4.00 6.00 8.00 1994 Q4 1995 Q3 1996 Q2 1997 Q1 Net returns on US Credit Cards 1994 - 2018 1997 Q4 US Credit Card Interest Rate - Charge Off Rate 1998 Q3 1999 Q2 2000 Q1 2000 Q4 2001 Q3 2002 Q2 2003 Q1 2003 Q4 2004 Q3 2005 Q2 2006 Q1 2006 Q4 2007 Q3 2008 Q2 2009 Q1 2009 Q4 2010 Q3 2011 Q2 2012 Q1 2012 Q4 2013 Q3 2014 Q2 2015 Q1 2015 Q4 Alternative savings 2016 Q3 2017 Q2 2018 Q1 2018 Q4
Alternative savings Manager and Advisor: Quantrom Limited, Dublin Ireland Investors P2P Platforms Investment in shares Acquiring of P2P loans Bondora Investor 1 Investor 2 Mintos Quantrom P2P Investor … . Fellow Finance Lending DAC Estateguru Investor … . Investor n Platform Z Return on investment Interest/Repayment Company Secretary and Controlling: Nathan Trust Dublin
Alternative savings Mintos – work flow 18
Alternative savings The Quantrom team Gustav Jensen is an economist living near Brussels. After working for the Danish Ministry of Finance and Danske Bank, he moved in 1998 to Belgium, where he was employed by paper and pulp companies Stora and StoraEnso. He has also been an independent consultant for Inter IKEA and ABP Pension in the Netherlands. Gustav is married to Tina, who works for the European Commission. They have two children, aged 14 and 17. Tony Jønsson is an investment professional living in Luxembourg. He has previously worked for Jyske Bank, Danske Bank, Stora, Fionia Bank and Nordea, focusing mainly on Government, Mortgage and Corporate bonds, as well as on foreign exchange. During the last six years, he was a portfolio manager at Nordea Luxembourg. He is married to Siv, who works for the European Court of Justice. They have four children between the ages of 17 and 28.
Alternative savings Disclaimer This presentation is not a recommendation to buy or sell notes in Quantrom P2P Lending DAC. The information in this presentation is correct to the best of our knowledge. However, unintended error might occur. All investments are associated with risk, and loss of capital can occur. Quantrom P2P Lending DAC is an unregulated company registered in Ireland. It is an unlisted Designated Activity Company (DAC) that can invest in fixed income products, in particular peer-to-peer loans. The company pays tax in Ireland. Investors holding notes in the company have a lock-up period of 12 month before such notes can be redeemed. For more detailed information, please see the documentation on our website: www.quantrom.com This is a private offering. For all issues related to taxation of individual note holders in Quantrom P2P Lending DAC, we advise legal persons or entities to seek independent tax advice before investing.
Alternative savings www.quantrom.com
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