Welcome to another post from our monthly funding statistics series. Here, we talk about the most popular investment methods used by our customers in April (including our latest product) and how this has changed since the previous month.
Against the trend of previous month, Portfolio Pro slightly increased in popularity in April and the percentage of investments made through the tool have increased. Now standing at 36% of the total investments, we saw an increase of 1% compared to the previous month. In line with this, the Portfolio Manager share decreased by 6% and accounts for 58% of the total.
The reductions in the percentage of investments made through Portfolio Manager seem to be due to the introduction of our latest way to invest, Go & Grow (More info below). Standing at a modest 5% of the total share, we expect to see this increase significantly over the coming months.
The percentage of investments made through the API remained relatively static at 0.6% of the total (rounded figures in the charts), due to the technical skills required for this option we do not expect to see this fluctuate on a monthly basis, as seen with the other investment options.
The total amount invested in the platform remained relatively similar to the previous month. Look out for our upcoming post on where the highest percentage of investments have been made, breaking it down by country, risk rating and durations.
If you’re still unsure of the differences between each investment method, here’s a brief summary:
Go & Grow – Go & Grow is an incredibly simple and automated tool that allows you to earn up to 6.75%* p.a. on your investment and take your cash out at any time. This is for the people who want low risk and ‘no-hassle’ investing with a predictable net return. For now, this is not available to all investors however we do plan to officially release it to everyone within the next month. Find out more about Go & Grow here.
Portfolio Manager – Simply select a strategy ranging from ultra-conservative to opportunistic, deposit funds and you’re ready to go. No further management is required as the Portfolio Manager takes care of everything for you. If you want to leave a certain amount of cash on your account that won’t be invested, go in to your settings and adjust the spare cash balance slider to your desired amount. It’s easy!
Portfolio Pro – Now you have more control. Select the risk ratings you want to invest in (ranging from AA – HR), select which countries, your preferred loan durations and it’s done. If you wish, you can also add a few more rules like the range of interest rates applied to the loan and also the bid size. We will then give you an expected return range along with the distribution you can expect across your selected filters.
For a further comparison between the two, check out our video on the topic here.
API – Use your programming skills to access the functionalities of the Bondora platform without using our web interface. The API gives you the ability to bid on specific loans by using different data points such as borrower’s income, country, loan status and many more that fit your personal investment strategy.
What is your favourite method? Let us know in the comments below.
*As with any investment, your capital is at risk and the investments are not guaranteed. Before deciding to invest, please review our risk statement or consult with a financial advisor if necessary.