Bundles give you the option to purchase at once a certain number of shares from all the best-performing catalogues available on the platform, instead of hand-selecting them one by one.
By purchasing a bundle you will receive shares of catalogues that are available for trade on the secondary market and for which you don’t have an outstanding sell-order. An in-house algorithm will calculate the historical yield, weighted by each share's selling price, for periods of one, two and three years, in order to give a general overview of the estimated profitability of all bundled shares and excluding those with an average yield below 3%.
You’ll be offered at least three bundle packages to choose from, allowing you to select the one that best fits your budget and the amount of shares that you wish to acquire. The amount to invest will depend on the number of shares per catalogue in each bundle.
Once the shares are purchased and become available in your portfolio, you’ll be entitled to receive royalties from the catalogues included in the bundle. You also have the option to trade them individually on the secondary market.
Steps for buying a Bundle
- Navigate on ‘Marketplace’ > Find the ‘Bundles’ cards. Choose according to your budget and click ‘View’.
- Review the shares and catalogue details included in that bundle.
- Click ‘Proceed’.
- 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 will only see catalogues in the bundles with sell orders from other investors available on the secondary market, and with an average yield superior to 3%. In the case you have outstanding sell orders for a specific catalogue, the catalogue will be excluded from the bundles and shares won’t be visible in the proposed packages.