SaveLend Group AB's savings platform, SaveLend, launched savings strategies in May 2023 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.

Since their inception, the savings strategies have delivered stable returns. In the nine full months that the strategies have been active, Balanced has achieved an average accumulated net return before tax of 5.31%, and Yield an average accumulated net return before tax of 6.14%. 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).

StrategyYearJun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Since start
Balanserad2023-20240.63%0.52%0.68%0.60%0.57%0.55%0.52%0.66%0.58%5.31%
Yield2023-20240.61%0.71%0.92%0.84%0.63%0.49%0.58%0.67%0.69%6.14%

Read more about the savings strategies here.

For further information:

Peter Balod, Acting CEO of SaveLend Group AB
Phone: +4670-870 97 40
Email: investor@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.

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Monthly Statistics for SaveLend's Savings Strategies in February

© Modular Finance, source Nordic Press Releases