Who said that financial investments were incompatible with the issue of sustainable development? This is precisely the promise made by the French fintech company Goodvest.
This makes it possible to invest via life insurance and generate a significant return while fighting against climate change. It stands out from many players in the industry who use the ecological argument as a rather unscrupulous marketing method. Goodvest also wants to do better than players who offer investments for sustainable development… by heavily penalizing returns.
By opting for its investment, you will only be exposed to funds that comply with the principles of the Paris Agreement. On its official website, Goodvest specifies that it analyzes “the entire carbon footprint of companies and projects: thus, all our savings portfolios have a global warming trajectory of less than 2°C”, which is reminiscent of this agreement concluded between 194 States and the European Union.
Very generous profitability
Economists are wont to say that there is no “free meal”. In other words, the high profitability of an investment is accompanied by a significant risk; and any safe investment comes with a low return.
Depending on your profile, you will therefore have the choice between various portfolios to adjust this return/risk ratio. Goodvest has the particularity of not offering funds in euros which are guaranteed capital. There will therefore always be a risk dimension in its investments, but you have the choice to limit it as much as possible.
In a few clicks and by entering some information on your profile, the fintech simulator will let you know what return you can claim. Of course, past returns are no indication of future profitability, but it can still give you some indication.
Simulate my performance
Obviously, investors (seasoned or not) who have convictions in terms of sustainable development will be the first to receptive to the methods used by Goodvest. However, fintech is for everyone: its life insurance certainly has an ethical and environmental dimension, but the returns are entirely in line with market standards (or even better).
As you can see below, the past returns of its five portfolios have delivered performance between 3.72% and 10.75% per annum, net of management fees. While the Livret A book generates a negative real return (1% net against 4.5% inflation over one year in March 2022), this alternative proposed by Goodvest deserves consideration.
Returns according to customer profile © Goodvest
In addition to its double role as a company registered with ORIAS and as a Financial Investment Advisor (activity regulated by the AMF), Goodvest entrusts the management of this life insurance to its historical partner Generali.
The first means of savings in France
If the concept of life insurance may seem outdated and rigid for the youngest, it is still the first means of savings in France (far ahead of the Livret A). According to figures from France Assureurs, outstandings on life insurance contracts reached 1,876 billion euros at the end of December 2021.
Life insurance is a long-term investment which is nevertheless intended to be very flexible. If you have a real advantage to keep your savings for a period of 8 years (to obtain a very attractive tax deduction), the capital remains available at any time if necessary.
If you are unable to hold out for such a long time, you can also see this Goodvest offer as a classic financial investment subject to the single flat-rate deduction (30%), in the same way as an investment in shares, for example.
By choosing the funds promoted by Goodvest, you have the opportunity to be exposed to global themes: environment and ecological transition, green energies, access to water, employment and solidarity, health and research or responsible emerging countries. This makes investment more accessible for those who do not necessarily know the companies active in these segments.
Entrance ticket: 500 euros
Whether it is life insurance or investment funds, the entry ticket is often a barrier to entry for the general public. Goodvest has removed this constraint by only asking for an initial capital of 500 euros. It opens the door to financial products that have long been reserved for a small elite.
To make all audiences aware of (sustainable) investing, Goodvest offers in-depth and clear monitoring on its platform, in line with its excellent return simulator. Once you have chosen a portfolio, you will find a feed of environmental and social news from related companies and projects.
Simulate my performance
Finally, to remain consistent with Socially Responsible Investment, Goodvest had to be transparent about fees. Because it manages all the service online, it is able to do almost twice as much as the rest of the market. On average, your savings cost between 1.65% and 1.90% per year depending on your profile. There are three layers of fees which are transparently detailed on the site.
An exclusive offer for our readers
What could be better than a small financial advantage to get started in investing? Goodvest allows our readers to take advantage of the PRESSECITRON referral code to obtain an immediate reduction of up to 500 euros on your management fees. This will allow you to further reduce the bill for taking your first steps in life insurance.