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alternative to shares

  • 28-01-2010 3:19pm
    #1
    Andymfinancial
    Closed Accounts Posts: 60 ✭✭


    I am a broker and i am looking for feedback on this as we may place a national advert if the interest is strong. We have sold it for over a year and so far it has done very well. The rate we offer is 8% not 6% as stated in brochure. I would appreciate both negative and positive comments. It is an alternative for people who do not wish to take risk but still require strong potential returns. Check out BCP Asset Management Split Deposit Bond. http://www.bcp.ie/

    Thanks


Comments

  • #2
    DJDC
    Closed Accounts Posts: 365 ✭✭DJDC


    You do realise a risk free return of 8% is impossible when the ECB and Fed "risk-free" rates are below 1%. 8% in this environment is clearly a high yield investment, even Greek CDS at their record spreads today are only yielding 7%.

    Is the broker industry regulated in Ireland as in what qualifications do you have?


  • #3
    Speculator
    Registered Users, Registered Users 2 Posts: 300 ✭✭Speculator


    BCP has been around for a while, I used to sell their investment bonds. Good reputable company, regulated by the FR.


  • #4
    displaced dub
    Registered Users, Registered Users 2 Posts: 766 ✭✭✭displaced dub


    i dont understand how you can give a guarenteed 8% when ECB is at 1%??

    what are your fee structures?


  • #5
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    Firstly, I don't think anyone is claiming that this product is risk-free. Secondly, this is not a regular cash deposit fund; it's pretty clear that it's invested in corporate bonds. Thirdly, corporate bonds have been a good investment in the recent history. However, we haven't had a a period of prolonged recession like we have now in decades; that means that holding corporate bonds during this period, is riskier than at anytime in recent history. Bill Gross (the biggest bond salesman on Wall Street) has even stated his reservation about the potential performance of the bond market in the future.


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