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Blackstone Loan Financing

Closed-end funds and OEICs
bruncher
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Blackstone Loan Financing

#492169

Postby bruncher » April 6th, 2022, 1:50 pm

iWeb doesn't allow me to trade in this investment trust.

"We no longer allow investment in this stock."

DavidM13
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Re: Blackstone Loan Financing

#492173

Postby DavidM13 » April 6th, 2022, 1:56 pm

This is from their KID. I wonder if its the reason.


The target market for this product is high net worth investors, private client fund managers and brokers and other retail investors who
are capable of evaluating the merits and risks of such an investment and/or who have received advice from their fund manager or broker
regarding such an investment. The product is only suitable for investors: (i) who understand the potential risk of capital loss and that there
may be limited liquidity in the underlying investments of the Fund; (ii) who have sufficient resources to be able to bear losses (which may
equal the whole amount invested) that may result from such an investment, (iii) for whom an investment in the Fund’s shares is part of a
diversified investment programme; and (iv) who fully understand and are willing to assume the risks involved in such an investment
programme

bruncher
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Re: Blackstone Loan Financing

#492187

Postby bruncher » April 6th, 2022, 2:48 pm

Total loss is also possible when investing in ordinary shares of any company also highly respected funds (anyone remember Equitable Life?).

Anyway, AJ Bell have offered me a quote.

Is anyone else looking at this trust? Income looks good.


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