A total of €3,114,157 was invested in Bondora in October, marking a 4.9% increase from September. Go & Grow showed a considerable increase in investment for the month, garnering a total of €1,134,935—nearly doubling its investment amount from September (48.5% increase).
Portfolio Manager investments also gained ground, totaling €1,237,033—a 6.7% increase. On the flipside, Portfolio Pro decreased by 28.1% to €694,648, while API also lost ground, falling 65.1% to €47,541. October continues the upward trend of investment amidst a challenging year for the global economy.
Portfolio Manager remains the category with the largest investment portion, gaining 2% in total share to acquiring 40% of all investments. Meanwhile, Portfolio Pro and Go & Grow reversed course. Portfolio Pro lost 11% of its investment share, coming in at a 22% share, while Go & Grow rose by 10% to 36% total share. API investment declined slightly by 1% to 2% total.
A Bondora update
We reviewed the distribution of investments made by our customers for each product. Our analysis showed a higher share of investments obtained by Portfolio Manager and Portfolio Pro users relative to the total active investors. As a result, we’ve updated our distribution rules to ensure all Go & Grow customers get a fair share of investments.
As a result, Portfolio Pro and Portfolio Manager customers may have noticed fewer investments made in their portfolio as of late. While this may be frustrating, we must ensure that we are fair to all Bondora investors. If you are looking for an alternative, try investing with Go & Grow using any free cash in your account.
Gaining ground once again
Bondora surpassed the €3 million mark for total investment in October. This positive trend was sparked by investors flocking to Go & Grow. Its return of up to 6.75%* p.a. and simple way of investing makes it a desirable choice for investors across the spectrum.
Learn more about the different Bondora investment options here.