During the autumn, Avanza's customers with endowment insurance will be able to generate extra return through securities lending. It is optional to use the service and naturally the allocation is "More to you and less to the bank".
Securities lending means that Avanza lends shares to Morgan Stanley. The offer only applies to endowment insurance and it is optional. It will take effect during the autumn, but customers are already now being informed.
Initially, the securities lending only applies to Swedish shares and have a limit of total loan volume of
“We see securities lending as a good additional service. For the customer, the service does not result in any additional costs but still provides the prospect for extra returns. It is completely optional to use the service and the shareholding is not affected. Customers can sell or lend the value of the insurance at any time and receive dividends just as usual”, says
For further information please contact:
+46 70 206 69 55
E-mail: rikard.josefson@avanza.se
Avanza is a digital platform for savings and investments, founded in 1999.
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