Normal market conditions are indicated by a steady and constant flow of investment activity. Even so, past performance does not guarantee future performance, and abnormal market conditions could conceivably change the availability of your money.
Abnormal market conditions could be caused by a global recession, an abrupt and widespread loss of faith in loan-based investments, or a number of other situations. Ultimately this could mean that investors may have to wait until a buyer could be found for their loan shares or Notes in their Mintos Core portfolio or legacy strategy, or until the underlying loans were repaid over time by the borrowers.
Since Mintos was founded in January 2015 until the beginning of March 2020, we experienced normal market conditions. From mid-March 2020, due to the Covid-19 pandemic and overall panic in the financial markets, followed by unrest in Kazakhstan and the Russia-Ukraine war in 2022, the conditions were not normal. While this resulted in spikes of cashout requests and longer cashout times, investors were still able to cash out over a longer period.