Updated: 26/03/2024
What is Kuflink’s Reserve Pool?
Kuflink’s Reserve Pool becomes available when the pool hits an oversubscribed status. It allows investors to continue investing funds through the Auto/IF-ISA product.
What causes the pool to become oversubscribed?
Occasionally the pool may become oversubscribed if the total loan amount “Remaining Pool Amount” reduces due to a loan repayment. If the pool is oversubscribed, the outstanding funds relating to P2P agreements will be held in the Kuflink client account whilst waiting to be allocated to a new loan in the pool (when one becomes available).
How will this display on my portfolio?
Your portfolio will show the unallocated funds you have waiting to be deployed per investment. These are periodically redistributed across the entire pool, and there is nothing you are required to do. These funds cannot be withdrawn as they are committed to your investment in the Pool.
Will I still accrue interest on unallocated funds?
You will continue to be paid interest on the original investment amount. Kuflink reserves the right to return unallocated capital to you and not pay further interest on these funds.