Plum, a smart money app, has expanded its investment offering to include ETFs for Spanish clients. They can now invest in funds diversified by geographic region, sector and asset, as well as track multiple stock indices from around the world.
In partnership with Berlin-based fintech company Upvest, Plum now offers direct and fractional investments in euro-denominated ETFs in Spain. As a result, Plum is able to offer its clients a broader and improved investment experience in addition to the 3,000 US stocks it already offers.
The range of simple ETFs, accessible without a paid subscription, consists of three globally diversified ETFs adapted to different levels of risk to help clients start their investing journey. The rest of the ETFs are available with Plum’s Pro and Premium subscriptions, with a total offering of more than 40 carefully selected funds, such as S&P 500 US, Artificial Intelligence ETF or Europe Dividend Income.
Victor Trokoudes, CEO and founder of Plum, explains: “At Plum, we enable our clients to automatically create wealth over the long term, and offering investment in ETFs is a natural step in that direction for our Spanish clients. ETFs allow you to invest in several assets at the same time, reducing costs and creating a more diversified portfolio. “That is why we have carefully selected our range of ETFs to offer clients a concise but high-quality offering that meets their needs without overwhelming them.”
“By offering diversified, expertly created ETFs, we are making it easier for people to invest in the sectors and regions they care about, and making their money go further by taking a balanced, long-term approach. Combined with the ability to choose an ETF tailored to their risk level, the offering simplifies our clients’ ability to build their long-term wealth with less effort,” he continues.
