# New Foresight Smart Bonds Fund – Attractive Fixed Returns and A Choice Of One, Two Or Three Year Terms Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-07-20 Category: INVESTING Category URL: https://financedigest.com/category/investing Meta Title: Invest in Foresight Smart Bonds Fund to support smart meter Meta Description: Secure a 4.07% to 4.83% return by investing in Tranche A of Foresight Smart Bonds Fund. Fund smart meters installation in UK homes and businesses. URL: https://financedigest.com/new-foresight-smart-bonds-fund-attractive-fixed-returns-and-a-choice-of-one-two-or-three-year-termshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/sh8-3706-661-1736843688718-compressed.jpg) - Tranches of one, two and three year fixed rate term loans used to fund smart meters - Bonds backed by long term rental agreements with UK energy suppliers Foresight Group LLP (“Foresight”), announces the launch of Tranche A of its innovative Foresight Smart Bonds Fund (“The Fund”), which offers investors the choice to invest over 1, 2 or 3 year fixed terms for between 4.07% and 4.83% rates of interest per annum. The Fund is the first of its kind offering an [innovative and simple funding solution for the UK roll out of smart](https://www.financedigest.com/the-smart-inhalers-market-to-stay-innovatively-persistent.html "The Smart Inhalers Market to stay innovatively persistent") meters. The funds raised will generate returns by lending to companies that own, operate and rent installed Smart Meters to UK [energy suppliers](https://www.financedigest.com/germany-braces-for-energy-supplier-casualties.html "Germany braces for energy supplier casualties"). Foresight Smart Bonds Fund Tranche A, the first tranche to be deployed, will remain open to investors until \[15.09.2017\], and is targeting a maximum fundraise of £10 million, delivering the choice of simple interest between 4.07% and 4.83% depending on the term chosen (one, two or three years) and interest payment preference (annual or at maturity) as per the table below. **Foresight Smart Bonds Fund :** **Fixed Term Loans****Simple Interest** **Paid Annually** **%****Simple Interest** **Paid on Maturity** **%**1 Yearn/a4.072 Years4.444.553 Years4.594.83 Foresight plans to issue further Tranches in due course, and details will be published on Foresight’s website at [www.foresightgroup.eu./retail-investors/foresight-smart-bonds-fund](http://www.foresightgroup.eu./retail-investors/foresight-smart-bonds-fund) The Fund is an innovative funding solution for owners and operators of Smart Meters,  the new generation of [gas and electricity meters being installed by energy](https://www.financedigest.com/exclusive-norway-eyes-high-gas-output-until-2030-says-energy-minister.html "Exclusive-Norway eyes high gas output until 2030, says energy minister") suppliers in every home and business in the UK.   Smart meters come with an in-home display screen that show consumers exactly how much energy they are using in pounds and pence, in near real time, and include a communications hub which enables the equipment to send [usage data back to the energy](https://www.financedigest.com/britains-ofgem-to-urge-public-to-reduce-energy-usage-ft.html "Britain’s Ofgem to urge public to reduce energy usage – FT") supplier at regular and predetermined intervals. It is estimated that the efficiencies to be [gained from universal adoption of smart](https://www.financedigest.com/smart-mining-market-projected-to-gain-significant-value-by-2016-2025.html "Smart Mining Market Projected to Gain Significant Value by 2016-2025") meters runs to more than £13.5bn\*. Foresight has a five [year track](https://www.financedigest.com/subsea-navigation-and-tracking-market-one-the-most-booming-industry-in-upcoming-years-due-to-global-demand-in-industry-by-2027.html "Subsea Navigation And Tracking Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027") record of funding smart meter installation in the UK, having to date invested £74 million of debt and equity into more than 160,000 smart meters across the UK, and having launched Foresight Metering, a second generation Meter Asset Provider (“MAP”) in early 2016. The Fund has a minimum investment of £10,000 and no maximum, with investors allocated on a first come, first served basis. As such, advisers who have clients who might be interested are encouraged to apply early so as not to be disappointed.  Interest [payments are paid annually or on maturity depending on the choices of the investor](https://www.financedigest.com/investors-brace-for-rough-ride-as-evergrande-faces-payment-deadline.html "Investors brace for rough ride as Evergrande faces payment deadline").  Foresight can facilitate adviser charges from the investment if so required by the [investor but the manager](https://www.financedigest.com/activist-investor-elliott-management-takes-stake-in-salesforce-sources.html "Activist investor Elliott Management takes stake in Salesforce -sources") levies no initial, annual management or exit charges agains the investment. **Bernard Fairman, Chairman of Foresight,** commented: “Foresight has a specialist focus on energy [infrastructure](https://www.financedigest.com/russian-missiles-hit-30-of-ukraines-energy-infrastructure-in-two-days-minister.html "Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister") and energy efficiency combined with a proud tradition of innovation in creating investment solutions that respond to investors’ needs.  We [manage](https://www.financedigest.com/freelancing-finances-managing-income-and-taxes-as-a-freelancer.html "Freelancing Finances: Managing Income and Taxes as a Freelancer") funds for more than 22,000 private investors and for some of the world’s leading financial institutions, and our innovative Foresight Smart Bonds Fund is a good  example of providing investors with market leading risk adjusted returns whilst improving the energy infrastructure across the UK.  We call it [investing](https://www.financedigest.com/should-you-invest-in-nfts-or-their-future-practical-uses-in-tech.html "Should You Invest in NFTs, or Their Future Practical Uses in Tech?") for a smarter future.” _\\* source: Smart Meter Roll-Out Cost Benefit Analysis Department for Business Energy and [Industrial Strategy](https://www.financedigest.com/the-top-strategies-for-investing-in-the-consumer-goods-industry.html "The Top Strategies for Investing in the Consumer Goods Industry")_ [_https://www.gov.uk/government/uploads/system/uploads/attachment\_data/file/567167/OFFSEN\_2016\_smart\_meters\_cost-benefit-update\_Part\_I\_FINAL\_VERSION.PDF_](https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/567167/OFFSEN_2016_smart_meters_cost-benefit-update_Part_I_FINAL_VERSION.PDF) --- This blog is powered by Superblog. 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