🌱 The safekeeping of your assets is our top priority.
We are regulated as an investment firm by the Estonian Financial Supervision and Resolution Authority (EST: Finantsinspektsioon) and your investments are protected by the Investor Compensation scheme for up to 20 000 EUR.
Number of our license is 4.1-1/133 for providing for providing investment services.
As a Grünfin customer, there are two types of risk you need to consider:
🍃 operational risk (something happening to Grünfin as a company) and
🍃 instrument risk (something happening to the funds that you invest your money in via Grünfin).
We have minimised the risks in several ways.
🌱 We hold our customers’ investment assets in a depository bank, separate from company assets.
You are also free to sell or transfer your assets at any time during the holding period.
🌱 Your investments are protected for up to 20 000 EUR.
The purpose of the Investor Compensation scheme is to guarantee the protection of the funds in the event of an investment institution’s insolvency. You can find more detailed explanation of the conditions and terms of the scheme here: Information about the Investor Compensation scheme.
🌱 There are additional guarantees such as regular audits to our internal processes and data protection by financial authorities.
As we are regulated in Estonia as an investment firm, there are additional guarantees to customers such as regular audits to our internal processes and data protection by financial authorities as well as operational risks being covered in the amount of €20,000 per investor by a member state guarantee fund. You can find a more detailed explanation of the conditions and terms of the scheme here: Principles for protection and safekeeping of the assets of clients.
🌱 You will not lose your investment even if Grünfin is required to shut down.
Most importantly, in the extreme case of Grünfin’s failure or insolvency, we will transfer your assets, i.e. the ETFs in your portfolio, to a securities account in your bank. This means you will not lose your investment even if Grünfin is required to shut down.
🌱 Your instrument risk at Grünfin is the same as with buying the same ETFs via your bank.
Since we invest your money in freely traded sustainability oriented ETFs provided by reputable asset managers, your instrument risk at Grünfin is the same as with buying the same ETFs via your bank. Every investor should always carefully consider whether they he/she is able to bear those risks, taking into account previous investment experience, investment objectives, financial and economic possibilities and other similar circumstances. We have outlined the risks here: What are the risks related to my portfolio?
If sustainability and impact matter to you, we think we have the best deal out there 💚