Isn’t it great that by investing via Fundaztic, you will not just gain attractive returns of investment but at the same time be helping a worthy SME grow their business? Indirectly, by investing, you will be playing a role in spurring economic growth as SMEs form the backbone of our economy
How to Invest?
Bad Rate is used to predict the likelihood of the particular Note turning Bad within the next 12 months and is directly taken from CTOS SME Score where Fundaztic uses it as part of its credit evaluation process.
Bad is defined by CTOS as such:
1. Missed payments with outstanding more than RM200 for 90 days or more.
2. Written Off.
3. CCRIS Legal Status (Bankruptcy, Summons, Auctions, etc)
The Bad Rate by CTOS is derived from an analytical study on 1 million SME entities from BNM (BNM SME Definition: Under RM50 Million Turn over) using CCRIS and CTOS data.