Figure 1 Performance of Note price and Long-Term Return Target
Interest payments in December 2020 was in absolute terms one of the best, which lead to the highest monthly return of the year.
Current loans represented 75.0% of the value of the portfolio at the end of December slightly lower than in November. At the same time loans 60+ days late remained unchanged.
In December 2020, we did not take any provisions.
The return for the month of December 2020 was 0.66% giving a return of more than 6% for the year 2020.
Since inception, Quantrom P2P Lending has given a return of 33.30% and outperformed the long-term return target by 7.07%-points.
The portfolio at the end of December 2020 consisted of more than 8,300 loans. The weighted average interest rate on the portfolio is 11.53% with an average weighted maturity of 27.8 months.
The main exposure in value is still towards car loans which represent 61% of the value of the portfolio at the end of the month.
Exposure towards property loans is at 23% of the value of the portfolio. At the end of December, personal loans represented 15%, while business loans were 1% of the value of the portfolio.
Figures 2-12 provide more details on the composition of the loan portfolio.
|Figure 8||Figure 9
Quantrom Limited, Limerick