I am interested to start investing in StashAway. What are some of the things that I should be aware of and know before I start investing? - Seedly
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Anonymous

Asked on 27 Dec 2019

I am interested to start investing in StashAway. What are some of the things that I should be aware of and know before I start investing?

When it comes to research, what are some of the things that I need to look out for?

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Andy Sim
Andy Sim
Top Contributor

Top Contributor (Mar)

Level 7. Grand Master
Answered on 25 Feb 2020

The underlying ETFs they are investing in, the amount of fees (whether fully transparent or not), US withholding tax etc

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Lok Yang Teng
Lok Yang Teng
Level 8. Wizard
Updated on 28 Dec 2019

For investing in roboadvisors, you should look at (i) management/expense rate, (ii) the type of asset and region they invest in, (iii) any additional services.

(i) All the fees add up

Ideally you want something that cost less so it doesnt eat into your returns.

(ii) Different portfolios/roboadvisors may invest in different regions

For example, StashAway has a higher focus on the US/Europe whereas DSB Asia Digiportfolio would have focus in ... Asia of course.

(iii) Whether you can use SRS to invest/company provides other benefits

MoneyOwl has a bionic financial advisor component, which explains it's higher than average rates.​​​

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MT2020
MT2020
Level 7. Grand Master
Answered on 25 Feb 2020

Please note that the fees will add up. Secondly, note what the robo advisor will invest in.

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