A fundamental difference between Go & Grow and Portfolio Manager or Portfolio Pro is the liquidity.
Go & Grow users
With Go & Grow, you can request to liquidate your investment at any time simply by clicking on “Withdraw.” Quick overview video.
Please note that we charge a flat €1 fee each time you withdraw money from Go & Grow.
Portfolio Manager and Portfolio Pro users
1 - Transferring your portfolio over to Go & Grow
If you would like to liquidate funds before the maturity of loans the easiest option would be to transfer your portfolio over to Go & Grow if we can make you an offer for your investments. This can only be done for the whole portfolio, not partial. Short video guide.
It’s important to remember that it’s likely you will achieve a lower net return using Go & Grow. To transfer your existing investments, click on the settings wheel visible on your Go & Grow account and then select “Add existing investments.” Next, you will receive an offer from Bondora to liquidate your existing portfolio based on the current portfolio value. It is possible that you will be offered a lower amount due to—for example—defaulted loans in your portfolio. If you accept the offer, Bondora will transfer your portfolio to your Go & Grow account and you can start earning right away. Before proceeding, think carefully if this is the right decision for you as the decision cannot be reversed once you accept the offer.
If you’ve already sold more than 25% of your existing investments on the Secondary Market yourself, Go & Grow cannot take over your whole portfolio (including defaulted and overdue loans). However, you will still receive an offer which you can review before choosing to proceed.
2 - Selling investments manually on Secondary Market
Please be advised that Bondora is a long-term investment, meaning an investment horizon of more than 5 years. Currently the only way to make sure you do not damage your returns when existing is by stopping reinvestments and running off your portfolio, taking cash out as loans are repaid on a monthly basis. Selling loans can result in a loss of original principal, as the secondary market typically does not provide high enough premium for current loans to compensate for the non-performing part of the portfolio. Therefore selling loans should be done cautiously.
The speed of the sales process depends on the market demand. In general, current loans are more liquid and will be sold within a day in case there is no premium added or there is a small premium. Delinquent loans may take more time or the sale can be unsuccessful. You will receive the funds to your Bondora account as soon as other investors have purchased your investments.
To sell your investments on Secondary Market, log in with your Bondora credentials to see an overview of your investments on Investments page. Choose the loans which you would like to sell by clicking on cart icons. When finished picking the loans and adjustments are made, confirm the sale with the "Sell all" button and the loans will be put on sale.
Research and select investments to sell