Where does GCU sit within the income alternatives?
Our measure of 'risk' is the volatility of asset values and since listing back in May 2018, the asset values of GCI have been rock solid.
Despite:
a) Investment market volatility Q4 2018
b) Housing prices falling in 2018.
That's because GCI invests in 'secured bonds' which are structured to be loss remote. Plus importantly the average maturity of the underlying assets is less than 2 years.
