Asked on 19 May 2019
Here is my analysis:
Stashaway: 0.8% (p.a) + 0.1% (forex) + ETF fund mgmt. fees (0.2%)
Autowealth: 0.5%(p.a) + 18$ paltform fee + ETF fund mgmt. fees (0.2%) + 0.1% (forex)
Moneyowl: 0.65% (p.a) + 0.18% platform fee + fund Mgmt fees. (0.4%)
Endowus: 0.6% (p.a) + fund mgmt fees (0.4% - 0.5%)
Clearly the trend is between 1-1.2% p.a choosing either ETF or unit trusts. ETF's also have 30% tax on dividend which unit trusts don't.
Cheapest seams to be Endowus under unit trusts and auto wealth for ETF's
What risk level are you running in StashAway?
Just jumping in to clarify some of points above. Our pricing structure ranges from 0.2-0.8% i.e the more you invest with us or as your AUM grows, the lower it gets.
The 0.1% currency conversion fee is charged by our broker and is actually much lower than what you would get if you converted with your bank.
If you'd like to save on your fees, you can also consider our referral programme here :)
on 23 May 2019