SaveLend Group AB's savings platform, SaveLend, launched savings strategies in May to enhance the customer journey and offer simpler packaging based on risk, return, savings horizon, and liquidity. The strategies, named Balanced and Yield, enable easier onboarding, fewer clicks, and simpler choices for anyone wanting to start saving. For investors who know exactly what they want and prefer to manage their portfolio composition based on credit type, interest, or maturity, the options Freedom and Project Finance are also available.

Since their inception, the savings strategies have delivered stable returns. In the seven full months that the strategies have been active, Balanced has achieved an average accumulated net return before tax of 4.07%, and Yield an average accumulated net return before tax of 4.71%. The table below shows the average return per month and strategy, based on depots with a minimum of 2,000 SEK (the lowest level recommended for diversification purposes).

StrategyJunJulAugSepOctNovDecSince start
Balanced0.63%0.52%0.68%0.60%0.57%0.55%0.52%4.07%
Yield0.61%0.71%0.92%0.84%0.63%0.49%0.51%4.71%

Read more about the savings strategies here.

For further information:

Ludwig Pettersson, CEO SaveLend Group AB
Phone: +4673-073 12 81
Email: ludwig.pettersson@savelend.se
www.savelendgroup.se

Certified Adviser
Corpura Fondkommission AB
Phone: +4676-853 28 22
Email: ca@corpura.se
www.corpura.se 

About SaveLend Group:

SaveLend Group AB, 559093–5176, is a fintech company with approximately 75 employees and offices in Sweden, Finland and Poland. The business is based on the savings platform SaveLend and the billing platform Billecta.

The savings platform makes it possible for savers to get yield through saving in credits, such as SME, real estate, consumer credit and factoring in both SEK and EUR. The billing platform consists of a complete billing system containing, among other things, accounts receivable, notification and financing solutions.

Attachments

Monthly Statistics for SaveLend's savings strategies in December

© Modular Finance, source Nordic Press Releases