Spotlight On: Mencap charity bond

 

Simon Read
Friday 15 February 2013 20:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The deal

Golden Lane Housing, part of the charity Mencap, yesterday launched a charity bond in partnership with Triodos Bank which will raise money to buy homes for people with a learning disability.

Good points

Investors with a minimum £2,000 will get a fixed gross yield of 4 per cent a year for five years.

Bad points

You have to be prepared to lock your cash away for five years.

Conclusion

The charity hopes to raise £10m through the bond from investors who want to use their savings to give 250 people with a learning disability the chance to live independently in specially adapted homes. The closing date to invest is 30 April. Details at www.glh.org.uk/bond-offer

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in