Individuals new to investing and those with modest funds can begin building wealth through Sber’s newly launched service, InvestKopilka, as announced by the financial institution. The minimum required investment is 10 rubles.
The platform operates by allowing users to place small sums into exchange-traded funds. To grow the piggy bank, investors can enable automatic contributions on a weekly or monthly schedule, while also having the option to add funds manually at any time.
All accumulated assets are directed into the Conservative Smart Fund, a mutual exchange fund designed to hold both valuable and liquid instruments.
The fund is described as a smart index based on a carefully curated mix of money market instruments, government bonds, and corporate bonds issued in Russia, selected to balance risk with potential returns.
Android users with devices running version 14.6 or higher can access InvestKopilka within the Investments section of the SberBank Online mobile app.
Ruslan Vesterovsky, senior vice president and head of Sberbank’s Asset Management division, notes that many people assume investing is complex and costly, but that is not the case. He explains that Sber helps customers steadily grow their savings through Automatic Savings and now extends that convenience to investing through InvestKopilka. Once the piggy bank is set up, individuals can begin investing with ease.
Vesterovsky adds that InvestKopilka collects incoming funds into BPIF to secure liquid and productive instruments aimed at meeting medium to long term goals.
Looking ahead, he mentions that InvestKopilka will soon introduce additional renewal options and broaden the range of investment products available to users.
Source notes that the service is intended to democratize access to investment opportunities and simplify the process of turning small savings into workable portfolios, with ongoing updates to improve automation and choice for savers. (Source attribution: Sber press services report)