The expert explained how to start investing for beginners with a small amount of money 09.19.2023, 16:25

Investors without experience and large capital can start investing using Sber’s new service InvestKopilka, the press service of the financial institution reported. The minimum investment amount is 10 rubles.

The company explained that the service is based on the mechanism of investing small amounts in exchange-traded funds. To replenish your piggy bank, simply set up automatic renewal once a week or once a month. You can also add additional funds manually.

The accumulated funds will be deposited in the “Conservative Smart Fund”, a mutual exchange fund that includes profitable and liquid assets.

Sber notes that this exchange-traded smart fund is created on the basis of a “smart index” consisting of a set of money market instruments, government and corporate bonds of Russian issuers, selected with the optimal balance of risk and potential return.

Owners of Android devices starting from version 14.6 can use the service in the “Investments” section of the SberBank Online mobile application.

“Many people think that investing is difficult and expensive, but it is not. Increasing your savings with Sber can be profitable and easy. We help our customers quietly accumulate money in their accounts and deposits using the Automatic Savings service. Now we automate investments in the same way: once you set up a piggy bank, you can easily start investing,” said Ruslan Vesterovsky, senior vice president and head of Sberbank’s Asset Management block.

He explained that InvestKopilka deposits incoming amounts to BPIF for liquid and profitable instruments suitable for achieving medium and long-term goals.

According to Vesterovsky, soon InvestKopilka will have new renewal functions and the ability to choose investment products.



Source: Gazeta

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