SaveLend Group AB's savings platform, SaveLend, launched savings strategies in May last year to improve the customer journey and offer more customized saving options in terms of risk, return, investment 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.

The savings strategies have delivered stable returns since their inception. During the first year of their activity, the Balanced strategy achieved an average accumulated net return before tax of 7.12%, while the Yield strategy achieved 8.10%. The table below shows the average monthly return for each strategy, based on accounts with a minimum of 2,000 SEK (which is the lowest recommended level for diversification purposes).

StrategyJun. 2023Jul. 2023Aug. 2023Sep. 2023Oct. 2023Nov. 2023Dec. 2023Jan. 2024Feb. 2024Mar. 2024Apr. 2024May 202412 mos.
Balanced0.63%0.52%0.68%0.60%0.57%0.55%0.52%0.66%0.58%0.60%0.63%0.58%7.12%
Yield0.61%0.71%0.92%0.84%0.63%0.49%0.58%0.67%0.69%0.68%0.63%0.65%8.10%

Read more about the savings strategies here.

For further information:

Peter Balod, CEO of SaveLend Group AB
Phone: +4670 412 49 93
Email: investor@savelend.se
www.savelendgroup.se

Certified Adviser
Corpura Fondkommission AB
Phone: +4673 501 58 58
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 and Finland. 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.

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Monthly Statistics for SaveLend's Savings Strategies in May

© Modular Finance, source Nordic Press Releases