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Everyone

Peaks B.V.

Lollipop

Peaks is an investment app designed to simplify the process of investing in sustainable index funds, also known as ETFs (Exchange-Traded Funds). Available for the Android platform, Peaks allows users to easily manage their investments and start building wealth over the long term. Individuals interested in improving their financial future can download Peaks to access a user-friendly interface that caters to both novice and experienced investors.

The app connects directly to a user’s bank account, facilitating automatic investments. Users can invest varying amounts, including their spare change, which makes it accessible for those who may not have large sums to invest initially. Peaks encourages users to decide on their risk profile, providing options that align with their financial goals and comfort levels. This personalization enables users to tailor their investment strategies according to their needs.

Investing through Peaks means gaining exposure to a globally diversified portfolio of ETFs. Each of these funds contains a collection of hundreds of different stocks and bonds, which helps mitigate risk through diversification. The app has been designed to eliminate transaction costs, allowing users to focus on their investment growth without worrying about hidden fees. Instead, users are informed about fixed and variable fees that are clearly outlined in the app, promoting transparency.

Peaks offers a straightforward structure for managing investments. Users can choose to invest on a daily, weekly, or monthly basis, which provides flexibility in how they approach their investment journey. This feature allows individuals to set up automatic deposits that fit their financial schedule. By doing so, users can consistently build their investment portfolio without the need for frequent manual interventions.

The app includes a selection of four distinct portfolios: Cautious, Balanced, Ambitious, and Adventurous. Each portfolio has a different allocation of stocks and bonds, catering to various risk appetites. For those who prefer a more hands-on approach, Peaks also allows users to customize their portfolios. They can choose from 16 different thematic and regional index funds, enabling investments in specific sectors such as sustainable energy or automation and robotics.

Peaks emphasizes the importance of responsible investing. Users are advised to invest only the money they can afford to lose, as the value of investments can fluctuate over time. This guidance is particularly significant for individuals who may need access to their funds unexpectedly, as selling investments during a downturn could result in losses. The app positions investment accounts as a supplemental option to traditional savings, encouraging users to think carefully about their financial strategies.

The fee structure associated with Peaks is designed to be straightforward. During the first month of using the app, there are no costs associated with the service. After this introductory period, users can select from different packages, with the Start package costing €1.99 per month, while the Complete and Premium packages are priced at €2.99 and €4.99, respectively. Additionally, there is a variable fee that ranges from 0.25% to 0.5% of the total value of investments per year, alongside fund costs that vary from 0.15% to 0.23%. These fees are automatically deducted from returns, ensuring that users are not burdened with complicated fee structures.

The investment options available through Peaks are provided by internationally recognized index fund providers such as iShares, UBS, and DWS. This selection is crucial for maintaining high-quality investment options and ensuring that users have access to reputable funds. By relying on established providers, Peaks aims to instill confidence in users as they navigate the investment landscape.

Incorporating technology into finance, Peaks allows users to manage their investments conveniently from their mobile devices. The app's design is focused on enhancing user experience, making it easy to track investment performance and make adjustments as needed. Users can also monitor their growth over time, which can be a motivating factor in maintaining a consistent investment strategy.

Peaks is dedicated to promoting sustainable investing practices, appealing to those who wish to contribute positively to environmental and social causes through their financial decisions. By focusing on sustainable index funds, the app aligns with the values of users who prioritize ethical investing.

In the competitive landscape of investment applications, Peaks stands out by offering a blend of simplicity, customization, and responsible investing. Its commitment to helping users achieve long-term financial growth while prioritizing sustainability makes it a valuable tool for anyone looking to enhance their investment journey. 

For more information about Peaks, visit www.peaks.com.

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