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Risks

Capital at risk and returns not guaranteed. The Bonds are not readily realisable and are not covered by the FSCS. Read our full Risk Warning here.

Risks2019-08-14T18:43:02+00:00

Risk Warning

This webpage provides you with an overview of the risk factors in respect of investment in the Cogress Property Finance Bonds (‘Bonds’), including via the Cogress Innovative Finance ISA (‘IFISA’) wrapper.

A complete list of risks factors specific to investing in the Bonds (the “Bonds”) are disclosed in the Investment Memorandum and applicable IFISA Terms and Conditions, which you should read carefully.

Please consider all risks and taxation factors before investing.

Capital at Risk and Returns Not Guaranteed2019-07-11T20:13:50+00:00

By investing in the Bonds your capital is at risk and returns are not guaranteed. You may lose all, or part, of what you invest. Risk mitigation arrangements in place do not remove the risk of failure to pay investors. Investments are concentrated in property development, which could be unfavorably affected by market conditions. IFISAs carry a higher risk than cash ISAs. Invest only what you can afford to lose.

No Coverage by the Financial Services Compensation Scheme (‘FSCS’)2019-07-11T20:16:27+00:00

The FSCS deposit protection scheme does not apply to investments made in the Bonds, including through the IFISA. You will not be able to make a claim under the FSCS if Cogress Finance fails to repay your capital back or interest to you. However, FSCS protection may apply to funds held in the client money bank account, by the HMRC-authorised ISA Manager, prior to the monies being invested in the Bonds, or once the monies are returned by the borrower by way of return of investment capital or interest. Visit www.fscs.org.uk for more information.

Liquidity2019-07-11T20:16:02+00:00

The Bonds are not readily realisable. You should be aware that no established market exists for the Bonds.

No Advice2019-07-11T20:17:13+00:00

Cogress Finance does not provide any type of advice, or make personal recommendations. You are fully responsible for your investment decisions.

Past performance2019-07-11T20:18:03+00:00

Past performance is not indicative of future results. You should not rely on any information on the past performance of the investment / the Bonds as a guarantee of future results, or as a basis for your investment decisions.

Diversify your portfolio2019-07-11T20:18:47+00:00

It is recommended that you invest in the Bonds as part of a diversified portfolio. To spread and balance investment risk, consider investing in multiple asset classes, as opposed to a large amount in one or a few. You should consider investing only an appropriate proportion of your investable capital in the Bonds, with the majority of your investable capital invested in safer, more liquid assets.

Tax2019-07-11T20:20:18+00:00

You are responsible for your tax affairs. Tax treatment depends on individual circumstances of each investor and may be subject to change in future. If you are unsure how investment through Cogress Finance will affect your tax status you must seek professional advice before investing.

If you are unsure of the suitability of any investment, including investment in the Bonds, you should seek advice from an appropriately qualified independent financial adviser.2019-07-11T20:22:52+00:00

Any questions? Call the Cogress team on 020 7100 9744 or email help@cogress.co.uk