The Capital Bridge ISA bond review - Is it Genuine?
The Capital Bridge is the latest company to be promoted via Top ISA Rates website that plugged London Capital & Finance bonds providing most of their investors.
It seems to follow a very similar model to LCF and Blackmore Bonds with 20% of your investment being used to pay their fees.
Despite the Capital Bridge website saying that 20% of your investment is being paid as commission and costs then they very misleadingly state that "there are no setup fees or management fees". What is the 20% removed from your initial investment if it's not a setup or management fee? This section on fees has absolutely no mention of the fact that only 80% of your money is actually invested.
It's almost as if the sections of the website were produced by completely different people so maybe the 20% warning was added much later and they forgot to add it elsewhere.
The Capital Bridge ISA bond review - Is it Genuine? |
Remember this is an unregulated high risk mini bond where you have the risk of losing ALL your money as investors in London Capital and Finance are finding out to their cost. It is not covered by the FSCS or FCA so if the company fails then you have nowhere to turn for compensation or to complain.
Capital Bridge Bond ISA FSCS cover? |
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