Can someone help me with understanding how StashAway charges work? - Seedly

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Asked by Anonymous

Asked 6d ago

Can someone help me with understanding how StashAway charges work?

Hi all, I am a new user of StashAway and have some questions that I will like to consult everyone in this community. I have invested 1k with StashAway and understand that the charges will be annual fee + currency conversion fee + fees charged by ETF manager which means 0.8% + 0.1% + 0.2%. Hence, can I confirm that my actual returns from StashAway will be the returns reflected on their dashboard minus 1.1%?

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1) The currency conversion fee is 0.1% and its a one-time fee when you first deposit SGD for them to switch to USD (not applicable if you chose their SGD income portfolio)

2) The annual management (0.8%) and ETF manager fees (0.2%) are annual and will be charged annually.

So annually, it's closer to 1% PA charge on your dashboard.

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