PeerPower investor service fees are prorated based on the number of days your principal is deployed at 1.25% per year.
Investor service fee = outstanding balance x (investor fee rate/365) x number of days in a specific period
Example
- Investment amount (THB): 100,000.-
- Interest rate (p.a.): 10%
- Period (months): 12 months
- Repayment Type: Amortization
The fees are prorated based on the number of days your principal is deployed, just like how we calculate interest payments. This makes it easier for investors to predict and cross-check your fees and interests. When Issuers are able to make early repayment, investor fees prorated daily ensures you’re charged service fees only for the days in which your funds are deployed. You then get funds back early for re-investment in other bonds.
Example
- Investment amount (THB): 100,000.-
- Interest rate (p.a.): 10%
- Period (days): 30
- Repayment Type: One-time repayment at end of period
The new fee calculation method applies to all ongoing and future bonds from 1 December 2022.Why PeerPower change the method of calculating investor fees click here
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