Why invest?

 

Higher yield

ABS normally offers a higher yield for a given rating or maturity than more mainstream investments such as government or corporate bonds

Less volatile

ABS are virtually all floating rate, meaning they are naturally expected to be far less volatile than fixed rate bonds in periods when interest rates are volatile

Investor protection

Built-in features such as credit enhancement, loss-absorbing reserve funds and the legal separation of issuer and asset pool, intended to provide a level of investor protection

 

High transparency

High transparency with transaction reports detailed enough to view the performance of each individual loan in the asset pool, enabling investors to conduct their own research

Complexity premium

ABS remains a largely under-researched and poorly understood asset class, meaning those that put in the effort and expertise can be rewarded with a speciality premium