Triple Point Income Service

The Triple Point Income Service aims to offer investors fixed-rate bonds issued by Triple Point Advancr Leasing Plc (“TPAL”).

Please read the provider's documentation carefully before investing. 

Charges

Triple Point is remunerated from being the sole shareholder in the bond issuer, Triple Point Advancr Leasing plc. Bondholders should get paid first, then the profits within the company after tax provide Triple Point’s effective fee for the service. This means that, unless defaults are kept to a minimum, Triple Point doesn’t get paid, but it will benefit if the bond issuer does well, which aligns their interests with those of investors. Please see the provider's documents for more information on charges and fees.

Risks – important

This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice. 

These unlisted bonds are investments, not savings. Your capital is tied up for a fixed term. The bond investments made by Triple Point are not covered by the Financial Services Compensation Scheme: however, money held by Triple Point prior to investment may be covered by the FSCS.

The bonds are not readily realisable. They tend to be illiquid and hard to sell. They should only form part of a balanced portfolio and you should not invest money you cannot afford to lose. Before you invest, please carefully read the Risks and Commitments and the offer documents to ensure you fully understand the risks. 

Although the rate of interest is fixed at the outset of the loan, should TPAL run into difficulties it may not be able to repay your capital or make interest payments at the rate set or at all. 

Tax rules can change and benefits depend on circumstances.

Access to your investment

Investors are committing their money for a set term and cannot liquidate investments early. 

Investors can request early repayment of capital, subject to a transfer fee, but the Service is under no obligation to accept that request. Partial repayments of capital are not permitted. In exceptional circumstances, due to the illiquid nature of the investments made by TPAL, it may not be possible to redeem your bond on time at maturity. Investors should bear this in mind when deciding the amount and the term of the investment. 

Wealth Club aims to make it easier for experienced investors to find information on – and apply for – investments. You should base your investment decision on the offer documents and ensure you have read and fully understand them before investing. The information on this webpage is a marketing communication. It is not advice or a personal or research recommendation to buy any of the investments mentioned, nor does it include any opinion as to the present or future value or price of these investments. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.