Robo.money has debuted a brand new portfolio choice for traders which is able to permit them to make sure that their funds are constantly invested.
The platform’s new account choice will robotically reinvest the principal and curiosity of a closed mortgage into one of many energetic portfolios.
Traders can select their most popular portfolio within the settings, and these settings could be modified at any time. Nonetheless, this function is not going to be out there to traders who’re creating their first portfolio.
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Robo.money mentioned that the brand new portfolio perform signifies that investor funds will continually work, making investments much more passive.
“You may check and mix completely different funding methods,” the platform mentioned.
“You may regularly shut an undesirable portfolio and robotically reallocate funds. And you’ll all the time change the settings of present portfolios or use the brand new function when creating a brand new one.
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“We’ll proceed to work on options that may make your monetary administration with Robo.money even simpler and your income even larger.”
The platform just lately revealed that a further €19m (£16.39m) was invested on the platform throughout Could, and 529 new traders joined. Traders earned one other €759,000 in curiosity funds final month.
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