Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
Man on money
February 17 2020

RMDL to continue focus on healthcare and childcare opportunities

Michael Lloyd Industry News, News, Top 3 healthcare and childcare opportunities secured on business assets and real estat, NAV total return, RM Secured direct lending

Investment trust RM Secured Direct Lending is to continue focusing on sourcing social infrastructure assets after finalising its last hotel loan.

The direct lending-focused investment trust revealed in its monthly report for January that it is finalising due diligence and documentation for a loan secured against a hotel, which will conclude the pipeline for this sector and said it will now concentrate on healthcare and childcare opportunities secured on business assets and real estate.

The report revealed a net asset (NAV) total return for the month of 0.51 per cent.

This takes the one year NAV total return to eight per cent and the cumulative NAV total return since its initial public offering in 2016 to 18.4 per cent.

The ordinary share NAV as at 31 January was 98.31 pence per share, 0.52 pence higher than at 31 December 2019.

Read more: Sourced Capital: Now is the time to invest in property

This comprises of interest income net of expenses of 0.60 pence per share and a decrease in portfolio valuations of 0.08 pence per share which includes all credit and currency movements.

The closed-ended investment trust established to invest in a portfolio of secured debt instruments, had a portfolio consisted of 34 debt investments at the end of last month.

These had a weighted average yield of 8.58%, spread across 13 sectors, with a percentage split between fixed and floating rate of 55 per cent to 45 per cent.

Read more: Calls for standardised P2P reporting structure to boost transparency

The portfolio consists of 59 per cent in bilateral private loans; 36 per cent in club or syndicated private loans and five per cent in more liquid corporate debt.

Consequently, private debt investments represent 95 per cent of the portfolio.

In January RM Secured Direct Lending saw six further drawdowns to loans previously documented with two borrowers.

The loans related to social infrastructure and energy efficiency.

Read more: P2P regulation: A brave new world

MarketFinance reveals worst countries for late payers Improving data analytics is important for credit management

Related Posts

Real estate investment, home loan, reverse mortgage, savings to buy home concepts.

Industry News, News, Property, Top 3

Real estate lenders expect post-Covid growth

The sign above the entrance to the Metro Bank on January 29, 2015 in Reading, England

Industry News, News, Top 3

Metro Bank starts offering RateSetter loans in its branches

Teacher presenting investment strategy to become a successful bu

Global News, Industry News, News, Property, Top 3

European P2P investors positive about P2P in 2021

Popular posts:

  • SMEs warned they could be excluded from recovery loan scheme
  • JP Morgan chief predicts shift to non-bank lending
  • FCA has increased surveillance over last 12 months
  • Arrest made in Buy2Let Cars investigation
  • P2P veteran joins bridging lender
  • Every IFISA that is open for investment right now
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by