What’s the best fund for your investments?
Think about what kind of investor you are. What are your investment targets? How long would you like to invest, how much return do you expect and how much risk can you take? Our savings calculator will help you find the funds that best match your investment targets.
How much money to put aside each month?
Select a monthly investment amount that suits your budget. The ideal amount is around 10 per cent of your net income. You can get started with just 10 euros a month, but a larger sum will build your wealth faster. You can adjust the monthly amount any time, or stop investing for a while.
How much return are you seeking?
Risk and return go hand in hand in mutual fund investing. The more return you want, the more risk you’ll have to take. Our investment return calculator will help you find out how much return you might get on your monthly investment, and at what risk. If you have the opportunity to invest and are seeking returns on your monthly savings, why not start investing in a fund?
What is the compound interest effect?
When you save or invest money, it accumulates interest. Compound interest means that you earn interest on your investment returns as well as on the original capital you invested. So, going forward, interest builds up on the interest you’ve accrued.
The compound interest effect is so remarkable that it’s been called the eighth wonder of the world. The earlier you start investing, the more time your investments will have to accumulate compound interest.
Here’s how to benefit from the compound interest effect
Imagine that you save 100 euros per month in your account, for a return of 0 per cent. In a period of 20 years, you’ll save a total of 24,000 euros.
Alternatively, imagine that you invest 100 euros a month in a fund with an expected return of 7 per cent. Due to the compound interest effect, you could accumulate more than 51,000 euros in 20 years.
So why not benefit from the compound interest effect and start investing long term? OP’s savings calculator is a fund calculator that shows how much your investment horizon, investment return and the sums invested will affect your investment assets. Try out the calculator to see which fund is best for your monthly investments.
Please note that investment always involves risks. The value of investments can rise and fall, and an investor can lose part or all of the money they invest, or they may never receive the expected return. OP mutual funds are managed by OP Fund Management Company Ltd. Investment services are provided by OP cooperative banks.