Welcome to another post from our monthly funding statistics series. Here, we talk about the most popular investment methods used by our customers in January and how this has changed since the previous month.
Following December’s trend, Portfolio Pro has continued to storm ahead and the percentage of investments made through the tool have increased again. Now standing at 41% of the total investments, the Portfolio Manager has decreased in line with this and accounts for 58% of the total, 2% less than December. A possible explanation for this is investors have decided to become more active with their investments strategy and trial Portfolio Pro in the new year.
If you’re still unsure of the difference between the two, 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.
The percentage of investments made through the API stayed 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.
What is your favourite method? Let us know in the comments below.
