Keetoro Asset Management High Return Bonds Review
Keetoro Asset Management are advertising on Google for High Return bonds. Is this bond too good to be true or is it a con? This is a review of the Keetoro Fixed Return bond.
Keetoro Asset Management High Return Bonds Review |
Namely:
- Capital is at risk - you may lose some or all of your investment
- Returns are not guaranteed
- Products are not protected by the FSCS
So a fixed rate but returns are not guaranteed. Capital secured but you may lose your investment.
Clear as mud - right?
The reason there is so much contradiction is that the bond is unregulated so doesn't have to comply with the information FCA approved and authorised investments have to meet. Effectively they are saying one thing in the big print but contradicting elsewhere.
Hi, read this with interest. I think this company deserves a bit more digging. The first thing that smelled a bit off was the fake-looking Trustpilot reviews but after a tiny bit of digging, they appear to be something to do with a Scottish company called 'Mako-pay' which appears to have not had an illustrious past. https://www.dailyrecord.co.uk/news/scottish-news/crooked-lawyer-michael-karus-mired-4974241
ReplyDeleteOn their bond letter the number is fake.
ReplyDelete