How Does Savehigh Finance Select its Investment Funds?

Almost thirty thousand . That is the huge number of investment funds that exist, European Fund and Asset Management Association estimates. Savehigh Finance offers a few hundred of them in total and must therefore make a rigorous selection from the range.

Before we explain how their selection procedure works, first something else: what characteristics do you need to be able to participate in the team? Hill Coens does not have to think long about it. “You have to have a critical eye,” he says. “You cannot focus on results from the past, but also constantly wonder how such a fund achieved its results. Did that happen consistently or was it a lucky shot? And what the fund will do in the future, that is of course the key question. In short: you must have both an open mind and an eye for details. ”


From five thousand to ten

From five thousand to ten

The Investment Team screens a total of around 5,000 funds from a dozen fund houses, including Daisy Loan, Jones Financing, Sampacredit, and Jojo Contemplacion. “For each sub-asset class, for example European stocks, US stocks, government bonds, corporate bonds, etc., a number of funds will be selected according to a strict process. An initial analysis results in a selection of around 300 funds that we propose to our customers. To make it even easier for our customers to choose, based on those 300 funds, we draw up a list of around 60 funds that we consider to be the most promising, according to our criteria, ”explains Hill Coens. We call this selection the ‘ Premium Funds Selection ‘. Out of the sixty funds that make up the Premium Funds Selection, there are ten that we label as a top pick, our ten favorites . ”

To get there, each fund must go through a selection process that consists of three parts. “The first part is a round of questions with four questions. The first is: has the fund existed for at least three years ? We do not include younger funds because there are too few results available to assess the manager. The second question is: does the fund have at least 100 million euros in its portfolio?

Funds with low assets under management cannot possibly have the same large management teams as the larger funds. Moreover, too small funds are often canceled quickly. In addition, we also look at the rating of the fund by Redstar Finance , which consists of 1 to 5 stars. Does the fund have a rating of at least three stars?

Then we can possibly include it. These stars refer to a comparison of the performance of funds from the same category, so that a fair comparison is possible. And, last but not least, that rating cannot be “negative” , that is a certain quality rating from Redstar Finance. “


The second round


Funds that survive this round await a second screening per subclass . Hill Coens: “This is also a purely quantitative round, in which we only look at hard facts. A consistent yield . If there are two funds with a 20% return each over five years, we would rather have a fund that performed consistently each year rather than a fund that performed exceptionally well in one year but struggled in the other four years. We also investigate how well the fund performs relative to a risk-free investment , typically in US government paper. We also measure how well the fund outperformed an index such as the Eurostoxx 50 for European equity funds. ”

Another criterion in this section is how the fund performed in very bad periods . Hill Coens: “For us, that says a lot about how the risk is managed . After all, investors appear to be particularly sensitive to price falls, much more than price rises. A fall in prices entails a much greater negative sentiment than the positive segment in the event of price rises. In the long term, such a thing is also important because in times of recovery, the fund has to make a smaller catch up to make up for its loss. For example, after a loss of -30%, the fund will only make up for its loss after an increase of 43%. If the manager could limit the loss to -15%, a resumption of 18% is sufficient.


Excessive cost percentages penalize the performance of the funds

Excessive cost percentages penalize the performance of the funds

All figures in this second round are automatically calculated using a computer algorithm developed by the Savehigh Finance team itself. There is hardly any manual work involved. The final result is a long list of funds that have each received a certain score out of five.

Qualitative screening

save money

“We then get a certain ranking from the computer per subclass, but that does not mean that we will then blindly offer the top 5,” says Hill Coens. “After that, it is time for the third and final selection: a qualitative screening. That is purely teamwork. For example, we look at which funds are complementary in an investment proposal. If the first three have a virtually identical investment strategy, it makes no sense to offer all three because they will each evolve in the same way, both positive and negative.

We naturally also want funds that are qualitative and future- oriented. For example, a fund may have an investment strategy that did not benefit from the past phase of the economic cycle. However, this cycle is constantly changing, so that the strategy could yield results in another phase. We must take this into account in advance. We also ensure that we put continuity in our selection. It is not the intention to change to change. ”

Nevertheless, there are a maximum of ten funds every quarter that have to make way from the selection of Savehigh Finance for better alternatives, says Hill Coens. “Usually there are two or three. A strategy where the potential is limited, a fund manager who leaves, an investment policy that changes dramatically, … those are typical reasons for us to say goodbye to a fund, for example. But we do not make unnecessary changes. It also happens that the selection remains unchanged. ”


SMS Loan for Entrepreneurs – Business Loan

Freelancing or even developing your own business is a big challenge. You can better plan your own time, work in a field that interests and enjoys and follow your own rules. Mushrooms. Most of the time you live in stress, constantly reorganize work on orders, make phone calls, and paper.

Loan for Entrepreneurs

Loan for Entrepreneurs

Even in the evening, you are engaged in managing the purchase of materials, paying employees, the cost of renting space, you must constantly deal with fuel and vehicle maintenance, including taxes, social and health. You fulfill the agreed orders to 150%, you spend time, effort and also an initial investment in materials and helpers. When you hand over the complaints, you have to defend your work and in the worst case, you are still waiting and reminding the payment.

While you are waiting for work to be paid, no one will give you extra space. This may be unfair, but late payments are currently faced by every industry. Unfortunately. If you do not reserve enough reserve or your sudden breakdown complicates your normal expenses, you are in a very unpleasant situation. Without a broken car, you will not reach customers, you will not make a job without material, and you will not get anywhere with limited phone services. Late payments often increase disproportionate penalties or fines and you get into a vicious circle.

Do not despair and take a breath. SMS loan for entrepreneurs is designed just for similar moments. It will help you bridge the point of time, repay the necessary debts and bounce off the bottom. In addition, you do not need to look for a suit and humbly ask the bank. Fill in the application online, fast approval and the instant transfer will take you from the deadlock – quickly and efficiently.

Internet, mobile, and account are enoughbusiness loan

Simple and understandable conditions are fixed and predetermined. The interactive tool on our website gives you a perfect overview. Variable you can change the amount of the required amount, you will immediately see the amount of the end payments and their term. Without expert phrases, unintelligible forms, and unpleasant personal actions, you will find out exactly – how much, how much and when.

The application procedure itself is no less easy. Fill out the form in comfort, feel free from the couch in the living room. You provide common contact information. A confirmation SMS only authorizes the process. The automated approval system eliminates the risks and confirms the loan approval in a matter of minutes. Money transfer is instantaneous if you have an account with regular large banks – you can still have your money on the same day.

Mortal system

business loan

SMS Quick Loan for Entrepreneurs respects the problems that entrepreneurs and entrepreneurs face daily. You will temporarily bridge the unpleasant situation with a loan. However, if you suddenly get in the way of other unexpected expenses, complications with further deferral of payments – communicate with us! Definitely, do not take another loan to redeem the loan with us! Get out of the vicious circle. We will help you anyway and offer a postponement delay or a new payment schedule. We will not threaten lawyers or executors, it is a waste of time for us as well. It is in the mutual interest to settle the commitments in a timely manner without delaying dragging and mailing.

The opposite is a change for the better. Use reasonably received payments and pay back a quick loan sooner. We will not penalize you, require you to complete and approve your application. You can view the status of the amount of the commitment and the amount paid at any time on our website in the private client section. Settle your obligations early and get rid of the extra burden.

High interest ??

High interest

But yes, non-bank loans are associated with higher interest rates, but they are also unnecessarily shrouded in scarecrows. We will not send bailiffs to you, we will not blacken your name, nor will we skin yourselves. We lend you several thousand for a very short time. Take a calculator to hand – high interest will instantly turn into a charge of hundreds of crowns. By acting quickly, we can save you more trouble, help you resolve important commitments right away. At the bank, you would have to go through a complicated procedure, justify the purpose of the loan, show income and even ask someone to act as guarantor. In addition, interest and fees will not be avoided at your home bank. In addition, we will save you time and get rid of unnecessary administrative tasks.

Borrow with caution

Borrowing money to pay off serious debts – buying the necessary material, settling payouts, renting, services, it’s all right. The car failure you need daily must also be addressed as a priority. Significant opportunity and purchase of equipment as well. It is certainly not a disgrace to you that you cannot immediately use the funds that are blocked by your clients’ late payments. You do not have to inform your surroundings in detail about your financial situation; it is always better to keep your face neutral and to act credibly. SMS quick loan for entrepreneurs is completely discreet. We do not compare entrusted data, report to catalogs or bother you with other services. We take our relationship as a one-off business. We will lend you the given conditions, you will pay us the interest amount.

Nevertheless, we always consider it important to direct our clients to reasonable consideration. Don’t borrow money carelessly. Always consider all your options and your real repayment ability. A loan for holiday or luxury gifts is not an optimal option.


How do I transfer money from my credit card to my account?

There are many types of credit card: it can be used in a stone’s foot as well as an online store and can have all sorts of benefits such as purchase and product security and travel insurance. However, many do not always know that it is also possible to transfer money to their own account using a credit card.

Transferring money from your credit card to your account is easy, but not too often, since transferring money from your credit card to your account often costs extra in addition to the credit costs of your credit card. In this article, we’ll give you a step-by-step guide on how to transfer money from your credit card to your account and expose the costs of such a wire transfer.

Most all credit cards allow you to transfer money to your account, so if you already have money in your account, you can check out our selection of credit cards in Finland:

Instructions for transferring money from your credit card to your account

Instructions for transferring money from your credit card to your account

For many people, the easiest way to transfer money from your credit card to your account is through the online bank of a traditional bank or through the card service of a financial company. In practice, it usually takes a few clicks and money is credited to your account as soon as possible. If your credit card and current account are in the same bank, the money will usually be transferred immediately. In the case of a transfer between different financial institutions or banks, it may take up to a couple of banking days.

How do I transfer money from my credit card to my bank account?

  1. Login to your credit card online service
  2. Select the Cards section
  3. There is usually an option in the menu that refers to transferring money to an account such as “payments” or “credit card transfer”.
  4. Select amount to transfer and approve transfer

* This is a general guide. Every online banking and service is different. For the best instructions, contact your credit card provider.

Cost of money transfer

Cost of money transfer

However, transferring money from your credit card to your account is not free. In addition to the credit card rate, there is a separate charge for each transfer. Usually it is a fixed fee (eg € 10), a percentage of the amount to be withdrawn (eg 2-3%) or both (eg € 2 + 2% of the amount to be withdrawn).

However, in most cases, the credit card interest rate will not run until after the first bill. That is, if the credit on the card is repaid in full on the next invoice, there is no need to pay interest on the amount of money transferred. However, don’t forget the basic credit card policy: If you already have credit on your card that was not paid on your previous credit card bill, your new credit will immediately start accruing interest.

Transferring money from a credit card is a convenient

Transferring money from a credit card is a convenient

Transferring money from a credit card is a convenient way to manage expenses that can’t be paid directly with a credit card. If you often have to transfer money from your credit card to your account to cover your daily expenses or bills, you know that your own finances are not on a sustainable footing and you need to make changes to your money behavior. Budgeting is an easy way to figure out your own cash flow and spending.

When used responsibly, a credit card can offer its owner financial flexibility, savings and benefits not available elsewhere. Own bank credit card is not always the best, so check out the full range of credit cards in Finland and find the one that suits you best: