Foresight Analytics

Foresight Analytics reaffirms Society One Personal Loan Trust

Foresight Analytics has completed a rating assessment of SocietyOne Personal Loans Trust (the Trust) and has reassigned an investment rating of VERY STRONG. The Fund was also reassigned a Foresight Product Complexity Indicator of COMPLEX.

SocietyOne has recently been acquired by listed company MoneyMe, a similar-sized company, under a Merger Implementation Agreement, using shares plus cash.

A VERY STRONG investment rating reflects the very high level of confidence that the Fund can deliver a risk-adjusted return in line with its investment objectives at this stage of the growth of online lending in Australia. A complexity indicator of COMPLEX indicates that the underlying assets require specialist investment skills to acquire and monitor.

Read the full press release here: https://zcu.io/yYDe

Read the general disclaimer on Investment Ratings here: https://zcu.io/C2PZ

Registered users can access the full report via the Foresight 360 platform on https://zcu.io/OGd4

In part 2 of 2nd episode of the Active Advantage podcast series, host Daniel Grioli and guest Thadeus McCrindle discuss the advantages of being a subsidiary of Bendigo and Adelaide Bank.

Youtube snippet -> https://zcu.io/X0X5

Full audio podcast-> https://zcu.io/2xvk