Bundles let you purchase a set number of shares across multiple catalogues at once, instead of selecting them individually.
ANote Music offers three types of bundles: All Catalogues, Stable Royalties, and High Yield. Each group catalogues differently, based on availability or historical royalty data. See below for details on each. The amount to spend depends on the number of shares per catalogue in each bundle.
When you purchase a bundle, you receive shares from catalogues that are available on the secondary market and for which you don't have an outstanding sell order.
Once your shares are purchased and appear in your portfolio, you're entitled to royalty payments from the catalogues included in the bundle. You can also trade them individually on the secondary market.
All Catalogues Bundle
What it is
The All Catalogue bundle includes all catalogues currently available on the ANote marketplace that have passed the Investor Protection Programme. It's a simple way to gain broad exposure to the overall marketplace without selecting individual catalogues.
How it works
The bundle is constructed to include a similar number of shares across all eligible catalogues available at the time of purchase, subject to share availability. Bundle composition may change over time as catalogues are added or become unavailable. This is based on current marketplace availability, not a performance prediction.
Stable Royalties Bundle
What it is
The Stable Royalties bundle groups catalogues that are relatively more stable than others on the marketplace (among those that pass the Investor Protection Programme), based on historical royalty payment fluctuations. It's designed for investors who want exposure to catalogues with more consistent historical royalty patterns.
How it works
Eligible catalogues are ranked by historical royalty volatility. The bundle includes the lower 50% of catalogues when ranked by royalty fluctuations over the previous three years, among those that have passed the Investor Protection Programme. A similar number of shares is allocated across included catalogues, subject to availability. Classification is relative and percentile-based, so catalogues may move between bundles over time as data and eligibility change. This ranking reflects past royalty volatility only and is not a prediction of future stability.
High Yield Bundle
What it is
The High Yield bundle groups catalogues that fall into the higher half of the platform when ranked by historical yield, among those that pass the Investor Protection Programme.
How it works
ANote ranks eligible catalogues by historical yield, calculated from past royalty payments over the previous three years and catalogue prices (using the same yield methodology shown on catalogue cards). The bundle includes the top 50% of catalogues by yield. A similar number of shares is allocated across included catalogues, subject to availability. As yields and catalogue data evolve, the bundle composition may change accordingly. This ranking reflects past yield only and is not a prediction of future returns.
Please note: All bundle classifications are based solely on historical data and current marketplace availability. They do not predict future royalty payments, future price behaviour, or future performance. Catalogues included in any bundle are not guaranteed to remain stable in price or royalties — payments and prices may change due to consumption patterns, market conditions, or trading activity on the marketplace. Bundle composition may change over time as data and eligibility criteria evolve.
Steps for buying a Bundle
- Navigate on ‘Marketplace’ > Find the ‘Bundles’ card. Choose according to your budget and click ‘View’.
- Review the shares and catalogue details included in that bundle. You can unselect any catalogue you don't want to include.
- Click Proceed. You can also choose to add more shares — the total price of your order will update automatically as you add them.
- After verifying your ‘Buy-Order’, make sure you have enough funds and click on ‘Confirm purchase’.
- If the market is open, the orders will be executed immediately, while if it's closed, they will be executed as soon as the market opens.
- If an order is not executed because someone else bought it right before you, the order will be added onto your ‘Pending orders’. - Once the order is executed, the catalogue shares will be visible in the ‘Owned catalogues’ section in your portfolio.
- If you want to sell shares that you’ve purchased with the bundle, you can do so individually, even if you bought them all at once, following the Steps for placing a trade on the secondary market.
KEEP IN MIND: You'll only see catalogues in bundles that have sell orders available from other investors on the secondary market. If you have an outstanding sell order for a specific catalogue, that catalogue will be excluded from any bundles and its shares won't appear in the proposed packages.
