Welcome to another post from our monthly funding statistics series. Here, we talk about the most popular investment methods used by our customers in February and how this has changed since the previous month.
Following December and January’s trend, Portfolio Pro has continued to grow in popularity and the percentage of investments made through the tool have increased again. Now standing at 42% of the total investments, the Portfolio Manager has decreased in line with this and accounts for 57% of the total, 3% less than December. 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.
The percentage of investments made through the API remained static at 1% of the total, 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.
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If you’re still unsure of the differences between each method, here’s a brief summary:
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.