Lambda School trains students to fill the many open and high-paying technical jobs available. There are 550,000 open IT jobs in the U.S., but universities graduated just 60,000 computer science majors last year.
How it works: Principal Protected ISA Pool
Principal Protected ISA Pool – 1,000 Lambda School ISAs
8.5% target yield, 4 year expected term, principal protected
Get access to high target yields of Lambda ISA Pool with investment principal protected by US Treasury STRIPs
How it works –
edly’s Principal Protected ISA Pools (“PPIP”) offer investors the benefits of direct ISA pool investing while having their investment backed by STRIPS. PPIP is a managed product in which edly will manage a STRIP investment so that the amount invested by investors is always backed by STRIPs if held to maturity. edly manages the product to efficiently make use of the STRIPS to protect principal while still seeking a high target return from the ISA pool and a short duration.
The timing of the return of investment principal is impacted by the cash return of the ISA pool. In the base case, this PPIP has a 4 year target term. In a worst case (if there are no returns on the ISA pool), principal will be returned at 30 years.
edly offers this product for investors who want to get access to ISA investments and some of the target yield that the ISAs offer without as much risk as direct investments. Investors with a higher risk appetite who are seeking higher target yields can make direct ISA investments.
source: Lambda School