On May 20th, we released AutoInvest, a feature that allows our investors to easily diversify their investments into 100 loans or more. The member feedback has been positive on the ease of use and the functionality that is in place. We created this feature because many of our power-users understood the need to diversify; however, going through the loan listings was cumbersome and time consuming.
We are happy to share the early results with you – which show the power of diversification and also the strong adoption of AutoInvest.
From the table above, you can see the correlation between a diversified investment strategy and positive returns. Today, those investors who commit to an AutoInvest plan and maintain the plan on an ongoing basis are realizing the best outcomes. Over 97% of investors are seeing a positive return over 18% while there are over 1,800 active AutoInvest plans.
For those of you using the program, let us know your feedback on improvements you would like to see or what you like about it. If you have not tried the feature as an investor – see what you are missing in terms of simplifying and diversifying your P2P loans.