The Notes Market differs from Plenti’s core markets in terms of the economic exposure your investment is subject to. In Plenti’s core markets, your investment orders are matched directly with a borrower or series of borrowers.
The repayments these borrowers make directly influence the returns you earn. However in the Notes Market, your investment orders are matched to a loan to a special purpose vehicle which in turn purchases specific ABS notes to which you gain an economic exposure.
The performance of the underlying portfolio of loans in the ABS structure influences the returns you earn.
Importantly, the Notes Market is still eligible for Provision Fund protection.