First Redemption of 2020 for Astute Capital with the Series 7 listed bond redemption, returning over £500,000.00 for investors.
In February 2020 Astute Capital announced the redemption of its Series 7 fixed-rate bond. This fixed rate bond, launched in 2019 on the Euronext Dublin (Irish) Stock Exchange, redeemed on the 1st February 2020 and has returned over £500,000, returning each investor their capital as well as interest of 3.2% for the year. This is the first bond redemption that Astute Capital has redeemed in 2020 and it is delighted to have done so in full and on time.
The fixed rate bond was taken up by 45 Astute Capital investors who invested between £5,000 to £55,000 of which the majority opted to use a stocks and shares ISA wrapper.
Bond redemption announcement viewable here.
“Maturing our first bond for 2020 as Astute Capital has been extremely rewarding and we are pleased to be able to provide our investors with a one-year return of 3.2%, that we set out to achieve. Despite the market uncertainty primarily driven by the reality of an up and coming hard Brexit and the threat of Covid-19, we have remained resilient and look forward to more good news throughout the year.”Richard Symonds, Managing Director of Astute Capital Plc.
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Astute Capital has recently released new rates on the Frankfurt Stock Exchange and is seeing increased demand for its fixed-rate bonds. If you are interested in any of the Astute products email or call us on 0800 009 2988.
Alternatively, feel free to create a non-obligatory account and view new investments as and when they become available via our investment site.
Astute Capital Investments are reserved for High Net Worth or Sophisticated Investors only.