The investment market is entering the Slovak market online platform in Porto, which is intended for the general public regardless of the amount of assets, financial education or investment experience. It offers automated investments from 20 euros per month, without entry fees and with a tailor-made portfolio. The Czech-Slovak investment group WOOD & Company stands behind Porto.
Portu is a modern platform for passive investors looking for long-term appreciation of funds. At the same time, it offers a more efficient and cost-effective alternative to traditional savings accounts. It compiles its own portfolio for registered users, while the invested assets are continuously optimized according to the selected level of risk and required financial goals.
In the neighboring Czech Republic, Porto has so far reached more than 100,000 users, including a number of Slovaks. “Expansion to the nearest neighbors makes sense to us. Many Slovaks living in the Czech Republic already invest through Porto, know us and have a good experience that they can share with their friends in Slovakia. he says Radim Krejčí, founder of Porto.
The platform, which currently manages a total of € 287 million, allows for a minimum investment of as little as € 20. The option to invest in euros is also available to clients from the Czech Republic if they convert their account into this currency.
A combination of state-of-the-art technology with professional know-how
The advantage of Porto is that it is an affordable tool that allows small investors to invest in the financial markets, without any visits to stone operations – quickly and efficiently online with a constant overview of money. It is here for everyone who would like to invest regularly, but they do not know how, or they are already investing, but their money is not valued according to their ideas.
It allows the port to be valued mainly through so-called Exchange Traded Funds (ETFs). These are exchange-traded funds that try to copy the development of the underlying asset – an index, a commodity, a bond or a group of assets – as accurately as possible.
The competitive advantage of the platform is the fact that it combines modern robotic technologies with the professional know-how of investment professionals from WOOD & Company. At the same time, the port provides investors with the time of installed investment tools. Thanks to information about the investment behavior and experience of a particular client in combination with his expectations, he has a diversified portfolio that exactly meets his needs. The system continuously takes care of its resources and automatically evaluates new or best investment opportunities.
“To compile a tailor-made portfolio, just fill out a short investment questionnaire. Based on it, we will compile the most ideal portfolio for each investor individually. Investments with us are never locked, every investor always has control over their finances. So using Port doesn’t bind him to anything. In addition, however, it is important to explain to people how important it is to take advantage of compound interest, which brings results over a longer period of time. “ explains Krejčí.
The right place for value for money
Investing through Porto is free of any entry and exit fees. The platform charges only 1 percent VAT on assets per year from the management of the value of assets under management. In addition, when fixing the investment horizon, clients can reach the level of 0.6 percent with VAT per year. This is more advantageous than in the case of mutual funds, which also earn less than the market index in the long run.
“Clients with Porto invest transparently, money is always available and at the same time always under the supervision of professionals,” approaches Krejčí.
Financial background for children
The bonus product within Porto is children’s accounts, which allow parents to provide an investment account for their child and provide him with funds for study or own housing when he needs it. The offer is made more attractive by an even more advantageous annual fee of 0.25 percent of the portfolio value. “We have developed Porto as a platform for anyone looking for a better place for their money. We offer him a unit in the field of low-cost passive investment, “ adds Krejčí.
- An affordable and flexible investment tool for the general public, regardless of expertise or size of wealth
- A simple online platform for those interested in long-term investing in the financial markets, a constant overview of their investments
- yields several times higher than current savings accounts, individual control and risk adjustment
- Favorable portfolio management (from 0.6 percent of the value of the portfolio per year), zero entry and exit fees
- Possibility to compile your own investment strategy or use one of the prepared thematic strategies
- Diversified portfolio based on investments in exchange traded funds (ETFs)
- Discounted children’s account with a salary of only 0.25 percent per year