Spiko Euro
Earn steady returns in EUR with the unmatched safety of Treasury bills from core Eurozone countries.
Put your extra cash to work
We work exclusively with the strongest banks
Key figures
Annualized net yield (after fees) over the past 31 days. Yields are updated daily and may vary slightly depending on Treasury yields. Past performance is not indicative of future results
*Includes a 0.7% welcome bonus for new clients, valid for 6 months.
Our partners
Depositary bank and fund admin
CACEIS, a subsidiary of the Crédit Agricole Group, acts as depositary bank and handles the accounting for Spiko Euro.
Statutory auditor
PwC, acting as statutory auditor, carries out four audits annually of Spiko Euro's accounts to guarantee their accuracy and compliance.
Your security is our priority
Your cash is invested exclusively in the safest financial assets available: short-term Treasury bills from core Eurozone countries. Furthermore, your funds are safeguarded by one of the world’s largest custodian banks. Spiko itself never holds your money.
Product characteristics
It includes a 0.7% welcome bonus for new clients, valid for 6 months
FAQ
How do you calculate daily interest?
An independent third party - the accountant of Crédit Agricole’s custody arm - handles the calculations. Every business day, the fund’s Treasury Bill portfolio is marked to market. Your position is represented by shares with a daily-updated net asset value.
How do you provide daily access to my funds?
Daily liquidity is contractually guaranteed by the fund's prospectus. Spiko Euro invests exclusively in Treasury Bills from core Eurozone countries, whose market is the most liquid in the world after the foreign exchange market, making it easy to meet withdrawal requests.
Are my funds fully protected?
Your funds are backed by Treasury Bills from core Eurozone countries and are at risk only in the unlikely event of a default by one of these countries. We back your money with Treasury Bills rather than bank deposits because we believe a sovereign guarantee is stronger than any bank guarantee.
How would I access my funds if Spiko goes bankrupt?
When you deposit funds, they go directly from your checking account to the custodian bank. Similarly, when you withdraw, the funds are sent directly from the custodian bank to your chosen bank account.Because your funds are never on Spiko’s balance sheet, Spiko’s failure would have no impact on them. In the unlikely event that you cannot place a withdrawal through the Spiko interface, you can request your funds directly from the management company by phone or email. The management company is supervised by the French Financial Markets Authority (AMF) and has a business continuity plan in place to ensure customers always have access to their funds.
What are the fees associated with using Spiko?
The only fee for using Spiko is a 0.25% annual management fee on your deposited funds, deducted daily on a prorated basis. The interest you see each day is always shown after this fee has been deducted. You have no fees associated with having an account open at Spiko. You also have no transaction fees on your deposits and withdrawals. Finally, you also have no custody fees.
Can I use Spiko as an individual?
Absolutely! You can create an account and start using Spiko right away. If you own a company, you can manage personal and business accounts from a single interface. Each account remains separate, so funds cannot be mixed.