Crowd-lending portfolio review for December 2018

Website changes​​

As my previous portfolio’s review was published extremely late, not a lot has changed on Alternative Investments. The most noticeable change is the addition of a table of contents to several articles.

Individual platforms performance​​

December was once more a quiet month for my loans portfolio. Returns are globally stable and basically very little happened in term of interest rates or new projects.

Mintos

The performance of my Mintos portfolio was stable in December, at 13.13% versus 13.16% for November. I have recently modified my auto-invest settings again, as several originators currently have loans yielding 14%.

Swaper

My Swaper portfolio had a slightly increased XIRR in December; it stood at 12.15%, up from 12.04%.

Grupeer

My XIRR for Grupeer stands at 14.26%, down from last month’s 14.61%. As time goes by, it should get close to 14%, as loans yielding 15% are getting scarce.

Bondora

Once again, Bondora‘s XIRR decreased as my portfolio lost some of its value. It reached a depressing 8.81%, down from 9.35%.

Omaraha

With a 19.9% XIRR (up from 19.79%), my Omaraha‘s portfolio is still doing very well. I kept on withdrawing funds from it in order to reach a 20% target allocation.

DoFinance

The performance of my DoFinance portfolio is down again, which is logical as their new offer features lower interest rates than their previous one. XIRR is now 11.42%, compared to 11.62% last month.

Robocash

XIRR for my Robocash portfolio decreased a lot, from 12.21% last month to 11.7%. It’s partially due to the installment loans, as I have accumulated a lot of interests that I didn’t receive yet.

Investly

Investly is once again the worst performer, with a 7.86% XIRR, down from 8.03%.

Finbee

My Finbee portfolio had a stable performance in December; XIRR was 12.17%, very comparable to last month’s 12.12%.

Monestro

The very bad performance of my Monestro portfolio explains why I never bothered writing a review. With an XIRR of 8.71% (down from 8.99%), it’s competing with Investly and Bondora for the trophy of worst P2P platform I invested in.

Crowdestor

December was a great month for my Crowdestor portfolio; XIRR reached 15.98%, up from 15.7%. I once again slightly increased the size of my portfolio in order to invest in their latest opportunity.

Envestio

Envestio managed to perform even better than Crowdestor; with an XIRR of 16.01% (compared to 15.71% in November), it beats Crowdestor by a very small margin.

Iuvo

Performance for my Iuvo portfolio is absolutely stable, at 13.16%. In spite of the platform’s weak buyback guarantee, its performance is currently great.

Other platforms

As usual, CrowdEstate, and BulkEstate are absent from these statistics. I may start to compute my XIRR based on exited projects, which is better than nothing for these platforms with very irregular repayment structure. Also, I will start computing EstateGuru‘s performance at the end of January, as one of the projects I invested in pays interests every three months.

Global portfolio performance

My global performance (which is the weighted average of individual XIRR for each platform) was slightly down, at 15.45% versus 15.61%.

As the number of platforms I invested in has grown a lot, I’ve split the charts in order to separate peer-to-peer lending platforms from business/real-estate crowdlending platforms.

Please note that in order to improve readability, you may unselect the platforms you’re not interested by clicking on their name at the bottom of the chart.

Peer-to-peer lending platforms

Apart from Bondora‘s ever-decreasing returns, results for most platforms are rather regular. The great overal returns for this category is of course due to Omaraha, which performs much better than their *competitors*.

Business and real-estate crowdlending platforms

As my portfolios at Crowdestor and Envestio grow older, their results become more realistic and regular.

Current allocation

I once again decreased Omaraha‘s share, while slightly increasing the size of my CrowdEstate and Crowdestor portfolios.

New platforms

I also funded two new accounts since I wrote my last portfolio’s review. December was a busy month ! Indeed, I decided to test Debitum Network, as well as Kuetzal.

  • I already mentioned Debitum Network last month; while I have mixed feelings about the interface and in spite of the rather low interest rates, I want to test it and see how the platform evolves.
  • I’m much more enthusiasstic about Kuetzal, which is very similar to Crowdestor; I really appreciated this platform and reviewing it was quite straightforward so the review should be ready soon.

On the other hand, I’m taking my time to write ReInvest24‘s review, as it’s not a crowdlending platform so I want to be sure to get things right.

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