Invest with Peaks

2,481

INVEST YOUR SPARE CHANGE WITH PEAKS


Round up your daily purchases to the next euro and automatically invest the change.

With Peaks, everyone can invest:

• You can start with only €1
• No prior knowledge is required
• You always have access to your money
• You build up a nest egg for your future, without changing your lifestyle


INVEST YOUR SPARE CHANGE


If you choose to invest your spare change, your bank debits are rounded up to the next euro, and we collect the difference. Every week, the total value of your collected change is invested. In the long run, that can make a nice little sum… And if one week, you don’t feel like investing your change, we’ve got you: you only have to press a button in the app, and we skip it!

You can deposit money on your Peaks account, no matter which bank you’re using. You have several options to set money aside. You can choose a specific amount to set aside each day (from 1 to €10), deposit a fixed amount each month or do one-time deposits whenever you like!

SOCIALLY RESPONSIBLE INDEX FUNDS


You can choose amongst four portfolios to invest in with Peaks: Mild, Spicy, Hot and Flaming. Each portfolio is made of stocks and bonds, in different proportions. The value of stocks (fragments of a company) fluctuates significantly while bonds (loans granted to a government or a company) are more stable. You take less risks with the latter, though they can be less profitable.

No matter which portfolio you choose, you always invest in socially responsible index funds. Each fund is made of thousands of stocks and hundreds of bonds, distributed throughout the world in different sectors and companies. It’s a bit like a vegetable garden! By investing in a fund, you maintain the risks - inherent to investing - as low as possible. You might have two dying basil plants, sure… But you still have beetroots, artichokes and even courgettes to rely on!

In a nutshell, with Peaks:
• You assess the level of risks that you are willing to take
• Your investments are spread globally
• You invest in vast index funds
• Your investments are socially responsible

HOW MUCH DOES PEAKS COST?


Investing is never free. However, we try to keep our costs as low and understandable as possible. You can even calculate the costs corresponding to your situation on our website.

Summary of the costs:
• Deposits and withdrawals: no fee
• Portfolio change: no fee
• The app, for the first three months: free
• The app, if the value of your investments is less than €2,500: €1 per month
• The app, if the value of your investments is more than €2,500: 0,5% per year
• Fees related to the funds: from 0,25 to 0,33% per year of the total value of your investments. These fees are deducted from your yields. They are not handled separately.

GOOD TO KNOW


We do not want you to take unnecessary risks. That’s why it makes more sense to only invest the money you can save. After all, the value of your investments constantly goes up and down. Picture this: you need money right away, but the value of your investments is going down. What you are basically risking is to lose a chunk of your deposit(s) because you are selling your investments at a loss. An investment nest egg is thus an extra nest egg on top of your usual savings.

WOULD YOU LIKE O KNOW MORE?


Then go to www.peaks.com
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What's New

Peaks is nu ook beschikbaar in Spanje! Verder hebben we een paar bugs opgelost en de app verbeterd.

Heb jij feedback of tips om de app te verbeteren? Laat het ons weten. Dat kan eenvoudig via het menu in de app.
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Additional Information

Updated
October 13, 2020
Size
109M
Installs
100,000+
Current Version
2.15.0
Requires Android
5.0 and up
Content Rating
Everyone
Permissions
Offered By
Peaks B.V.
Developer
Schipluidenlaan 4, 1062 HE, Amsterdam, Netherlands
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