Hooverfish
Registered User
- Messages
- 209
There are some very different views in different threads on the forum about Greenman Retail fund (NB this is *not* Green REIT...) and I wondered if anyone else wants to chip in? I'll summarise, and give the links at the end of the post.
- Vincent thinks it's quite a good balance of risk and reward if you have the 125k minimum investment for the initial year.
- Brendan thinks that it's buoyed up by high commission to brokers and slightly misleading on its risk as the ESMA rating does not in fact apply - governed by Central Bank Ireland so a problem if it goes bad.
- Jim thinks all Irish property investment vehicles without exception are too small to provide any kind of reasonable risk diversification
- Stephen thinks it is misleading regarding risk v reward and has a risk of being "illiquid".
I'm an ignoramus, though I've read the threads and the available information from Greenman.
Are there other investments that would provide better diversification, and if so how much less is the reward? I think the time period of the investment will be 5-10 years.
Thank you in advance for your thoughts - or is it all covered already?
- Vincent thinks it's quite a good balance of risk and reward if you have the 125k minimum investment for the initial year.
- Brendan thinks that it's buoyed up by high commission to brokers and slightly misleading on its risk as the ESMA rating does not in fact apply - governed by Central Bank Ireland so a problem if it goes bad.
- Jim thinks all Irish property investment vehicles without exception are too small to provide any kind of reasonable risk diversification
- Stephen thinks it is misleading regarding risk v reward and has a risk of being "illiquid".
I'm an ignoramus, though I've read the threads and the available information from Greenman.
Are there other investments that would provide better diversification, and if so how much less is the reward? I think the time period of the investment will be 5-10 years.
Greenman Retail Series 4
This fund is being offered to a friend of mine as having "an anticipated annualised return over 5 years of 8%" with "low to medium risk (ESMA risk rated 3)". Am I missing something here or is this incorrect? The broker has put the above in writing (email) and it is also on one or two websites...
www.askaboutmoney.com
Who gives the ESMA risk rating?
This was referred to in this post: Greenman Retail Series 4 From Friends First website: European Securities and Markets Authority (ESMA) Risk Scale The ESMA risk scale has its origin in European Union (EU) legislation in relation to Undertakings for Collective Investment in Transferable...
www.askaboutmoney.com
Greenman funds
Someone mentioned these German based funds to me as being a good fund option for having their pension invested in. I am not familiar with them and wonder if anybody has come across them or has any views ? As far as I am aware they are operated through Friends First.
www.askaboutmoney.com
Greenman Retail Series 4
This fund is being offered to a friend of mine as having "an anticipated annualised return over 5 years of 8%" with "low to medium risk (ESMA risk rated 3)". Am I missing something here or is this incorrect? The broker has put the above in writing (email) and it is also on one or two websites...
askaboutmoney.com
Thank you in advance for your thoughts - or is it all covered already?