Mintos Reports Increase in Total Monthly Investments and Interest Earned by Investors

The month of October has shown “promising” growth on Mintos.

Total investments saw “a significant increase to €97 million, and interest earned by investors climbed to €4.2 million.” Mintos also mentioned that this upward trend “was primarily driven by stable investments,” as explained Peteris Mikelsons, Head of Partnerships.

The average interest rate for October stood “at 12.5%, translating to an annualized average net return of 9% (YTD 7.4%).”

The cumulative interest earned by investors on Mintos has now “reached €254.8 million, and the total assets under administration are now €606.7 million.”

Mikelsons added:

“The availability of Notes for investment in EUR has risen to €81 million, marking a slight decrease from the previous month’s, but still reflecting a stable investment environment.”

Key Takeaways for Mintos Investors:

Caution in traditional asset classes

The analysis highlights caution in traditional asset classes, “particularly the stock market.”

Despite a year-to-date gain in the S&P 500, concerns “about a potential significant decline persist.”

Investors should be mindful of mixed signals in the market and the possibility of abrupt downturns, “especially given the prolonged period of strong returns.”

Interconnected global bond market

The fluctuations in Germany’s and Italy’s government bond yields “underscore the interconnectedness of global financial markets.”

Rising U.S. Treasury yields, driven by strong U.S. retail sales figures, “indirectly impact bond yields in other countries. Understanding these global interconnections and interest rate expectations is crucial for assessing bond market dynamics.”

Cryptocurrency as a safe haven

The role of cryptocurrencies “as safe-haven assets amid geopolitical tensions and market concerns is growing.”

Bitcoin’s resurgence and the anticipation of “a Bitcoin ETF approval showcase its appeal as a hedge against uncertainty.”

Investors should consider the evolving landscape of alternative assets “like cryptocurrencies when diversifying their portfolios.”

Expansion of asset classes on Mintos

On 17 October, the first high-yield Fractional Bonds offer “went live on Mintos.”

This new addition opens up the world of corporate bonds to investors, “making it accessible and easy for anyone to diversify their portfolio with bonds.”

Historically, bonds, especially high-yield bonds, “have been out of reach for retail investors without substantial capital.”

On Mintos, investors can invest “in high-yield bonds with as little as €50, with no fees for investing.”

Register Now!
Sponsored Links by DQ Promote



Send this to a friend