Investment Statistic

Over 12% p.a. average return for investments made over Alixco 

Investors our our platform have been able to make an overall high return on investment. 

The average profit i.e. investment return rate per year for investors was over 12% p.a. (nominal) already taking into account fees and defaults. The effective rate of return was even higher.

The average interest rate for business financing notes hosted on Alixco was at 14.6% p.a. (nominal)

 

Over 97% of companies on Alixco repay their investment notes accurately. The default rate since inception is at a low 1,23%.

Alixco is proud to have a repayment rate of over 97% for the business financing investment notes hosted on our platform.

Investor protection is a key priority for Alixco. We always strive to improve our mathematical and social credit scoring algorithms to minimize the occurrence of defaults.

• Since inception            Number of NPLs >90 days  = 5   Default rate =   1,23 % (03 February 2020)

The default rate is computed as defined by the Securities Commission Malaysia.

 

RMO-P2P Operators shall compute its default rate with the following formula and disclose the same on its platform:

i.e. The denominator will essentially be the amount financed plus the interest that is promised to investors at the point of issuance. This includes Active Notes, Defaulted Notes and Written Off Notes if any

Note:

Active Notes refers to notes issued on P2P Platform which are not in default

Defaulted Notes refers to notes which is classified as default as per P2P Operator's definition

Written Off Notes or any similar definition refers to notes which are in default and has not yet been recovered.

 

Investors Protection & Safeguards

Investor protection is a key priority for Alixco.

Some of the safeguards and investor protection measures for business financing investment notes include:

Credit analysis process

Alixco has a 3-step issuer credit analysis process. The credit score analysis for potential issuers consists of an internal mathematical Z-score multifactor model which is based on different financial ratios of the issuer. This is complemented by a second scoring value from a leading credit rating agency (Experian, previously: RAMCI). This scoring algorithms also includes personal credit scores and allows us to check the credit history of the company and all associated individuals like directors. As a third step, Alixco has implemented a social scoring algorithms which allows us to assess the credibility and repayment likelihood of particular individuals.

Personal guarantees

For each investment not Alixco requires a minimum of 2 personal guarantees / key persons.

Contractual agreements

All investment notes for business financing are legally binding agreements between the issuer and his investor. The issuer has a legal obligation to make repayments. For additional safety, for all agreements 'stamp duty' has been paid.

Debt recovery

Alixco has agreements in place with a leading debt recovery agency in case of default of individual notes. The debt recovery agency will seek to recover as much as possible from the outstanding payment.

Living will

In case anything should happen to Alixco (e.g. Alixco goes bankrupt) investors don't need to worry. Alixco had a living will in place which means that a designated legal firm will handle the processing of all outstanding issuer repayments to investors until all investment notes have reached their maturity dates.

Distribution of risk scores

Percentage of C (high risk notes) = 70%  

Percentage of B (medium risk notes) = 25%

Percentage of A (lower risk notes) = 5%

All values for the risk score distribution are approximate.