TermPlus assigned Approved rating with a Stable Outlook by BondAdviser

TermPlus has been assigned an Approved rating with a Stable Outlook by independent research house BondAdviser.

TermPlus was developed by ASX-listed Pengana Capital Group in association with Mercer, one of the world’s leading investment consultants. It offers simple access to a diversified and professionally constructed global private credit portfolio, a mature asset class with defensive characteristics and a yield premium.

TermPlus offers a stable, monthly income stream for investors seeking higher yields and capital stability through a range of Term Account options designed to suit different investment timelines.

TermPlus target rates are set as a fixed margin above the RBA Cash Rate. Target Rates will vary through the term if the RBA cash rate changes, importantly, the surplus return spread is fixed for the term of the investment.

Dean Weinbren, Managing Executive at TermPlus, said, “Receiving this tick of approval from a leading provider of investment research like Bond Adviser is a great validation of years of hard work from our team in solving the challenges we had to overcome to democratise global private credit for everyday Australians in the form of an easy to use, and accessible, high-yield, term-based account. Happy customers are, and will always be, our number one benchmark, but sometime you need extensive research from a highly regarded third party to get more institutional attention.”