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Investment Summary
JustUs Peer-to-Peer Agreements (FCA Regulated ISA & Non-ISA)
Purpose
This document provides you with key information about this product. It is not marketing material. The information is designed to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. This document should be read in conjunction with our member Terms & Conditions Document
Product
Company Name:
eMoneyHub Ltd trading as JustUs
Name of FCA Regulated Products:
JustUs Innovative Finance ISA Account JustUs Regular Lending Account
Investor Type (Non-Restrictive):
Private Individuals and (certain Limited Companies*) Small Self-Administered Scheme (SSAS)
Company Website:
https://www.justus.co
Production Date of this document:
27 January 2020
To prevent ‘Cash Drag’ un-lent monies held in both Regular and ISA Accounts receive interest monthly equivalent to
1.2%
p.a.
About the company. eMoneyHub Ltd, trading as JustUs is a Peer to Peer investment/lending platform that was formed in 2013. Since that time and during product testing, the platform has originated in excess of £10.45m of loans, funded entirely by retail capital which has been lent to borrowers. JustUs launched the testing of its Innovative Finance ISA product in September 2017, which allowed existing lenders to earn returns in the tax-free ISA wrapper. From April 2018 this product became available to the professional intermediary community. The business offers a unique range of loan products to borrowers: • • • •
Property bridging as 1st legal charges from £25,000 to £1,000,000 and 2nd legal charges from £25,001 to £250,000 Non-regulated Buy-to-Let mortgages from £25,000 to £1,000,000 Guarantor supported borrowing of between £2,000 and £15,000 Unsecured borrowing of between £2,000 and £25,000
Investors fund loans that are listed on the platform and receive their investment return as the loan is repaid. Loan repayments may be split between a repayment of capital, interest to the lender and the platform fee paid to JustUs. Advisers/Investors are required to select their risk appetite for lending via ‘Pots’. Each ‘Pot’ is structured with a designated split of borrower products.
Performance Scenarios
The tables below show the returns that would have been received in the preceding 4 years investing via the individual ‘Pots’ and a forecast return in year 5. The calculations illustrate the return if £10,000 had been invested at the start of 2015 and the interest earned was re-invested. The forecast investment return is dependent on how the loans perform and how long the investment/product is kept. The figures show gross returns of the products and do not take into account the investor’s personal tax situation. Returns are displayed in monetary terms and also by way of percentage.
Prudent Balanced Adventurous
2015 Actual £10,367.86 £11,497.08 £12,168.20
2016 Actual £10,912.40 £12,531.72 £13,448.60
2017 Actual £11,388.87 £13,542.24 £14,537.43
2018 Actual £11,880.87 £14,410.30 £15,934.47
2019 Actual £12,436.89 £15,419.02 £17,747.81
2020 Forecast £12,974.17 £16,407.38 £19,453.38
Prudent Balanced Adventurous
2015 Actual 3.7% 6.9% 9.4%
2016 Actual 5.3% 9.0% 10.5%
2017 Actual 4.4% 8.1% 8.1%
2018 Actual 4.32% 6.41% 9.61%
2019 Actual 4.30% 6.45% 9.60%
2020 Forecast 4.32% 6.41% 9.61%
JustUs.co is a Peer to Peer platform owned and operated by eMoneyHub Ltd. eMoneyHub Ltd is Authorised and Regulated by The Financial Conduct Authority. Registration number: 787900. eMoneyHub Ltd is registered on the Data Protection Register No: Z3292835 Registered office: 28B London Road Alderley Edge Cheshire SK9 7DZ.Company No: 08158588 Registered in England and Wales.