July is the second month since things have gone back to normal for Go & Grow, and itâs looking good for everyoneâs favorite investment product. Weâve seen a sharp rise in Go & Grow investments, rising from âŹ248,543 in June to âŹ959,901. After maintaining the net return of up to 6.75%* p.a. throughout the crisis period, investors are clearly keen to add more money to Go & Grow again.
Although we expected to see a decline across our other products because of Go & Growâs inevitable increase, July indicated positive growth across the board for Bondora. With a spectacular overall growth rate of 51.1%, things are looking encouraging for the second half of the year.
Julyâs 51.1% increase across investments certainly made up for last monthâs 37.2% decline. This impressive growth brings the total amount invested by all the Bondora products up to âŹ3,037,495. Like last month, Go & Grow had the biggest increase (286.2%), but the API isnât holding back and doubled from âŹ76,668 in June to âŹ153,767 in July.
When you look at the chart for July, it looks like an almost equal split between Go & Grow, Portfolio Manager and Portfolio Pro. But despite the growth spurt Go & Grow is experiencing, itâs Portfolio Pro that has the biggest share of funding for July with âŹ977,663. But itâs only leading by a small margin.
Go & Grow is in second place with âŹ959,663 and Portfolio Manager has the 3rd biggest share with âŹ946,164. With the current growth outlook, however, itâs likely that Go & Grow will take the biggest share in August.
Strong sustainable growth
With an almost equal share amongst the three biggest products, Bondora is maintaining sustainable growth across the board. We continue to deliver on the net return of up to 6.75%* p.a. for Go & Grow investors, and are feeling very optimistic about the rest of the year. Learn more about the different Bondora investment options here.
Simpler investing? Right this way đĄȘ
Investing should be easy and simple. At least, thatâs what we believe at Bondora. And weâre always working to make investing with us even easier than it already is. Thatâs where our new, streamlined dashboard comes in.
With this dashboard, you can see all the key information that you want to see from the second you log on. #Efficient. Youâll see your returns, the invested amount in your account, your goal progress, etc. Weâve also added a Wallet feature that shows the total amount available for you to withdraw.
Although we canât wait to introduce you to this streamlined dashboard, this update isnât live yet. But donât worry, itâs coming soon đ€©
Canât wait? Read more about it here.