I requested a sell out of my funds in the Assetz Capital GBBA account around a year ago, on July 23rd 2017. The GBBA account is the ‘Great British Business Account’ which is currently on series 2 offering 6.25% returns with a discretionary provision fund. I wasn’t particularly worried about the account or the returns from my investment, but I wanted to try to invest it myself either on some of their manual loans or on other platforms with a higher risk/return.
There have been some questions around selling out of the GBBA and the utility of the discretionary provision fund on the account. It is great to have a safeguard against defaults, but in practice, if you need access to money in the the short term, what happens? This is my progress selling out around £2400 from my GBBA investment over the last year: Read more “Assetz Capital GBBA Sell-Out Progress”