The target return is the interest rate targetting to achieve on loans in a portfolio. There will typically be periods during which your money will be held in cash before we are able to fully allocate it to loans (known as "cash drag").
This can happen both when you invest initially and once a loan is repaid and we need to re-invest the proceeds. The actual rate of return will also be adversely affected if there are any defaults or if you have to pay tax on the interest you receive.
Any changes to the current target rates will be advertised on our website.