Overview of the month
Just like last month, the main change in my crowd-lending portfolio is the transfer of funds from Omaraha and Bondora to Grupeer.
Well, quite a lot of things happened, as you may have realized !
Lat month I created Alternative Investments’ Facebook page; I encourage you to check it out for up-to-date news on the platforms I invested in.
While technically this belongs to the next month’s news, I spent a lot of time re-designing the website. My priority was to make it easier to find information, and be much more mobile-friendly. I stumbled upon Elementor, an impressive page builder for WordPress, and had a lot of fun with it ! While I didn’t convert all pages to the new design yet, it shouldn’t take long to update the remaining ones.
One notable addition to my growing reviews list is Envestio. I’m rather impressed by this newcomer in the business and real-estate crowdfunding sector !
Bondora is once again the ugly duckling of my crowd-lending portfolio, with an XIRR down to 12.29% from 12.91% in April. As previously mentioned, I stopped reinvesting and I’m slowly withdrawing available funds. I’m planning to cut the portfolio’s size in two.
I reinvested most of the cash withdrawn from Omaraha and Bondora at Grupeer. As often, the cashback offer allowed me to boost my returns, leading to a great XIRR of 14.67%, nearly the same as last month’s 14.68%
As expected, DoFinance‘s XIRR is stable, at 12.25% versus 12.17% last month. I noticed that this platform has recently changed their offer, and the interest rates have been lowered, so I have to update the review.
One of my projects at CrowdEstate was successfully exited. My investment in “Global Nord Timber OÜ” yielded an IRR of 17.54%, higher than expected. However I’m still waiting to have more projects exited in order to publish a realistic performance.
My recent investments in Crowdestor pay interests monthly; as a result, I’ll start publishing their performance next month.
Regarding BulkEstate, the situation is the same as CrowdEstate, and I’m waiting until the end of the year.
Aggregate portfolio XIRR
This value is the average of the XIRR for each company, weighted by its amount. It’s down from 17.03% to 16.83%; as usual, this drop is due to the large allocation to Omaraha and Bondora, whose performance decreased.
Remember that values until October (included) were provided by the platform or crudely estimated; from November onwards they were computed using the method outlined in this article.
Once again, Omaraha is really ahead of its competitors, with Grupeer being second while other companies offer rather comparable returns.
I expect the statistics of my real-estate crowdfunding portfolio to change this a bit, as their performance should be somewhere between Omaraha’s and Grupeer’s.
The rebalancing continues, with Grupeer’s portfolio increasing while Bondora and Omaraha decreased. I’m planning to invest more on real-estate crowdfunding platforms in the coming months, as this part of my portfolio is only around 5% of my total investments.
Last month I mentioned a new P2P lending platform I wanted to test, but Envestio’s arrival has changed my plans and I invested there instead. As a result, there’s still one review on my to-do list, but my main priority is to update DoFinance’s and Bondora’s reviews, as well as completing the website re-design.