I had very little time to work on the website in February, and even the Facebook page for Alternative Investments saw very few updates.
Noteworthy changes in the crowdlending world
In case you missed them, here’s a summary of the important news you should be aware of.
For readers who consider investing in real-estate loans through EstateGuru, now may be the best time to do so ! Indeed, this platform has a nice surprise for Alternative Investments readers. They decided to reward two randomly selected new investors, who will receive €50 each after signing up and verifying their identity.
Here’s the fine print : they will give 50 EUR investment credits to two randomly selected winners for testing out the EstateGuru platform. The only condition to apply for the giveaway is to register an account at EstateGuru. The offer is valid only for new investors and the whole authentication process must be completed to be eligible.
This offer is valid for two weeks, that is until March 26th 2019.
Individual platforms performance
February was another stable month for most portfolios. The unfortunate exception is Bondora, where I lose money month after month.
My Mintos portfolio had a stable performance in February. XIRR was very slightly down at 12.99%, versus 13.08% in January.
Swaper‘s cash drag seems to continue; as a result, not all my funds are invested and my XIRR stays low. Its value was 12.14%, slightly up from January’s 12.08%.
The performance for my Grupeer increased slightly; the XIRR reached 14.49%, compared to 14.37% last month. Last year’s cash drag seems well over and it’s easy to invest in loans yielding 14%; moreover, many loans with lower returns are also available.
XIRR for my Bondora portfolio finally dropped below 8%, reaching a terrible 7.9%; it’s a large drop compared to the previous month’s value of 8.41%.
As expected, the performance of my DoFinance portfolio keeps on decreasing, as the updated terms for new investments yield less than previously. The XIRR now stands at 11.14%, down from 11.24%.
Did my XIRR at Investly finally reach the bottom ? It’s stable at 7.71%, compared to January’s 7.73%
The XIRR for my Finbee portfolio has seriously increased two months in a row; it now stands at 12.89%, very nicely up from 12.39% last month.
Crowdestor‘s XIRR reached a record of 16.46%, up from 16.05%. This platform introduced many new projects, and one project was reimbursed. In addition, the newly introduced buyback fund makes their offer even more attractive.
My XIRR at Iuvo increased in February; it now stands at 13.24% (compared to 13.07% last month). It’s nice to see that the performance is stable !
Because some of my projects yield interest quarterly, my XIRR is kind of irregular. At the end of February, it was 9.73%, down from 10.09% in January.
Performance is slowly building up for my Fast Invest portfolio. After receiving my first interests, the XIRR reached 11.01% and should keep on climbing. I expect it to be above 14% next month.
New portfolios take time to reach their optimal performance, and my Ekassa portfolio is no exception. Current value for XIRR is 7.7%, while the expected performance after 6 months is in the 9%-11% range.
Performance for my Kuetzal portfolio in late February was too low to be considered realistic; however as I’m writing this in early March, many interests got paid and XIRR is now slightly below 15%. I expect the returns to be comparable to those at Envestio and Crowdestor
Global portfolio performance
My global performance (which is the weighted average of individual XIRR for each platform) was stable; it was 15.37%, compared to 15.39% in January.
Peer-to-peer lending platforms
Overall the returns for most platforms in this category are rather regular. Omaraha is obviously the best performer, and explains the relatively high global performance of my loans portfolio. On the other hand, the decreasing returns at Bondora (which weighs nearly as much as Grupeer) brings the overall returns down.
Business and real-estate crowdlending platforms
As usual, I withdrew money from Omaraha when I could. In February I chose to increase the size of my CrowdEstate and Crowdestor portfolios in priority, as well as my ReInvest24 and Kuetzal portfolios to a lesser extent.