Stellar Point: Operational strength
Tempo is part of Alpha Real Capital, a substantial asset management group. Most investors who use structured products rightly focus on two key risks, ‘counterparty risk' and 'stock market risk', at a product level. But we believe that the operational strength of the plan manager is a third factor that should also be considered. Tempo ticks this box.
Stellar Point: Governance – ‘doing the right things’
Governance might sound boring – it includes complying with the regulations and rules. But good governance means doing this not just in letter but also in spirit. And we’ve never seen a provider so committed to this as Tempo. One of the fundamental things that we like about Tempo is that good governance is clearly more than just a regulatory requirement for them. Instead, Tempo obviously believes goog governance is a core value and client-centric best practice … and we share this view.
Saying this is one thing but demonstrating they mean it is key. Tempo is proactively transparent regarding its internal approach and processes, which evidence how hard the firm has worked to embed best practice governance throughout its business.
Stellar Point: Championing the use of Plain English
Tempo are also the first structured product provider (and one of a surprisingly small number of investment providers per se) to be corporate members of Plain English Campaign and to have their plan brochures crystal-mark approved, for being ‘jargon free’ and using language that anyone should be able to understand, by the Campaign.
This may sound really simple, but we think it’s an important commitment by Tempo … and a positive step forward for the industry.
Stellar Point: Deliberately defensive
While lots of providers do lots of defensive products, Tempo is the first provider to state that ALL of their products will be designed to be ‘Deliberately Defensive’.
Tempo define ‘deliberately defensive’ as meaning two key things:
- ALL Tempo products are designed so that they can generate some or all of their returns without requiring the stock market to rise: and
- ALL Tempo products are designed with a defined level of protection if the stock market should fall.
Simply put, Tempo products are designed to increase the likelihood of positive returns and decrease the likelihood of losing money.
To their minds, that is the basic purpose of a good investment company and the basic principle of a good investment strategy.
That makes great sense to us … and we think it will to many investors too.