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Finally a term deposit alternative. Congrats Clearmatch team. Another first for Aussie marketplace lending. The Clearmatch team is delighted to announce its dedicated Insurance Premium Funding Trust received a Favourable Investment Grade rating by SQM Research on 26 February 2019. Designed to be a viable alternative to investing in term deposits and Cash/Enhanced Cash Funds, the Fund is an open-ended, unregistered Managed Investment Scheme, available only to Australian wholesale clients at the moment. The Fund aims to deliver a regular income stream and yield (currently 4+% p.a. after fees and losses) with low capital risk/volatility.
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