Seedrs has announced a pioneering new product which will give investors real-time access to their individual portfolio IRR.
The performance report showed that from all deals funded on the platform, the market-wide performance was 14.4 per cent IRR and tax adjusted 49.1 per cent IRR.
Now, this performance metric has been applied to investors own personal portfolios. Any person who has successfully completed one investment or more on Seedrs will be able to see the performance of their portfolio, as close as possible to real time, with a personal IRR on a tax-adjusted and non-tax adjusted basis.
(Example investor portfolio page: numerical data is accurate, companies listed are placeholders)
Jeff Lynn, CEO and co-founder of Seedrs said: “This exciting innovation arrives soon after Seedrs released its Portfolio Update and is another first for the equity crowdfunding sector. We see steps like these as a huge leap forward in transparency for the space.”
“What makes this metric so groundbreaking is that it gives the closest indicator of any given investor’s portfolio performance before the shares reach liquidity. This is an extremely important measure in an asset class where the time-horizon for exits is generally upwards of five years and often even longer. ”
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.