|
RIO Fixed Income Bond
This investment has a fixed maturity date of five
years and is exclusively available to club members. The RIO Fixed Income
Bond will provide a fixed gross annual income of 7% on your investment
for five or ten years from the inception date. The Bond returns your original
investment in full at the end of the agreed term which must be selected
outset.
This parcel of select investment holdings offer an
attractive alternative to the normal low risk, low return paradigm. As
an investor holding R.I.O. Fixed Income Bond certificates you would have
the security and peace of mind of knowing that this investment has a fixed
return per annum from guaranteed Income without risk to the original capital
sum invested.
These holdings are usually secured by blue chip companies and / or insurance companies with the rating of A or better where
a lock up return is already in position, with all participating holdings
meeting the stringent criteria demanded to offer maximum investment potential
for the investor. All holdings held within the portfolio have a minimum fixed term remaining on any holding of at least five
years.
IMPORTANT - Note on maturity and bond redemption
All current RIO International fixed interest bonds are for a fixed period of 5 years. For most investors the income produced by the bond is crucial, should the income which is dervived from the bond be interruped due to Force Majeure, RIO will remit payment deducting this payment from the bond holders original capital investment. Income bond payments will not be interruped as most holders are retired and living from this income. It's also important to note as per regulatory requirements should the bond holder wish to redeem the bond after this period, adequate notice is required. If the bond holder does not give adequate notice of redemption prior to bond maturity the bond will automatically roll over into a new 5 year fixed period.
Correct as of 12th December 2000
|
|