StashAway Reviews and Comparison - Seedly
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StashAway

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  • Reviews (648)
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Robo-Advisors/StashAway
Robo-Advisors/StashAway
4.8
648 reviews
claimed

Claimed

This product is managed by StashAway.

USER RATINGS

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.8

StashAway

0.2% to 0.8% p.a.

PRICING

None

MINIMUM INVESTMENT

Web and Mobile App

PLATFORMS

StashAway

0.2% to 0.8% p.a.

PRICING

None

MINIMUM INVESTMENT

Web and Mobile App

PLATFORMS

Details

Best Robo-Advisor Review 2020:
Is Stashaway the Robo-Advisor For You?

  • StashAway is a digital wealth management platform that is powered by a data-driven investment framework. Individuals, irrespective of their net worth, can open a Global portfolio with a $0 minimum balance, unlimited withdrawals, and annual fees between 0.2% and 0.8%.
  • Minimum Investment amount: $0
  • Platform Fee: $0
  • Management Fees: 0.20% - 0.80% depending on the amount of your investments
  • Products available: Bonds, REITs, Stocks, ETFs, Commodities
  • Uses ERAA method as an investment framework for high return but lower risks
  • StashAway ERAA is a proprietary risk management strategy that focuses on asset allocation to balance your portfolio according to different economic conditions
  • Allows CPF investments through SRS funds
  • Income Portfolio option has a projected net return of 4.4% but requires a minimum $10,000 account balance
Read More about StashAway
Reviews (648)

4.8

648 Reviews

  • 5
    537
  • 4
    91
  • 3
    11
  • 2
    3
  • 1
    6

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • Updated 5d ago

    Purchased

    StashAway

    very good user interface, good responsiveness from customer support. overall not bad. Might as well shorten waiting time for best/improved customer experience

    0

    Post
  • Updated 5d ago

    Purchased

    StashAway

    It's quite hassle free. The app is full of information that one cna read and overall just a very fuss free robo app. Good for beginners!

    0

    Post
  • Updated 6d ago

    Purchased

    StashAway

    [Onboarding Experience] Process was seamless and instructions were clear and easy to follow. [User Experience] I love how everything can be done on the application. And Stashaway allows beginners to review your risk appetite and set up various portfolios for different goals. For lazy people like me, you can also set up a monthly transfer to top up the various portfolio so you don't forget. Each portfolio has a graph to chart your returns and you can check time-weighted and money-weighted returns too. [Customer Support] Had some issues with the referral link that I used but all I had to do was send a quick email and verify a couple of details and they kindly issued the free 6-month fee waiver to my account!

    0

    Post
  • Updated 2w ago

    Purchased

    StashAway

    [Onboarding Experience] Smooth and simple, able to sign up within minutes. There are a few types of investment they provide such as general investing, goal-based investing and income portfolio. Would suggest you google and read up on each. [User Experience] User friendly. There is even a video each week on the market insights. [Investment Method] Would recommend you to hold for long term investment with a small amount every week for DCA (dollar cost average). [Returns Rate] Returns rate depends on risk appetite. [Customer Support] Didnt encounter any problems since August 2020, therefore didnt contacted help desk before.

    0

    Post
  • Updated 2w ago

    Purchased

    StashAway

    Sign-up process was pretty straightforward, and the interface for both the app and website are clean and easy to use. One thing is that the waiting time for the funds to be successfully transferred is a bit long, even between StashAway Simple and the other portfolios. Have only used for a few months, so the returns are quite unstable and modest (0.84% & 5%); will just have to wait and see!

    0

    Post
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Benefits and Features of StashAway

  • Able to partake in retirement planning via SRS investment
  • StashAway will help customise your investments according to your risk profile and goals
  • Investment principle based on Economic Regime-based Asset Allocation (ERAA) that supposedly can provide high returns without exposing you to high risks.
  • ERAA is their proprietary risk management strategy that focuses on asset allocation and the state of the economy's indicators to balance your portfolio
  • StashAway's internal algorithms build and manage global, customised portfolios of highly diversified, low-cost ETFs across asset-classes.
  • At the same time, StashAway also puts an emphasis on risk management by incorporating deep analysis of economic cycles in order to navigate its ups and downs and maximise long-term returns.

As part of their goal to have a full range of high-quality financial products so that clients view them as their principal wealth manager, StashAway has an Income portfolio to meet the localised income needs of Singaporeans as well as a cash management portfolio, StashAway Simple™, which allows you to earn a competitive rate on your cash with no requirements or restrictions.

Unlike traditional financial advisors and other robo-advisors, the internal algorithms build and manage globally customised portfolios of highly diversified, low-cost ETFs across asset-classes.

It also balances risk management by incorporating deep analysis of economic cycles in order to navigate its ups and downs and maximise long-term returns.

How does StashAway work?

StashAway developed an in-house investment framework, the Economic Regime-based Asset Allocation™ (ERAA™).

It is an investment strategy that harnesses economic trends to maximise your returns at the risk level that feels right to you.

The StashAway platform analyses an individual's financial assets, investment time horizon, and risk preferences to personalise portfolios through a systematic asset allocation strategy.

ERAA utilises economic indicators and status to decide which strategy to adopt.

Fees and Charges for StashAway

  • StashAway has no minimum balance required. This means that any amount of investment is acceptable.
  • However, StashAway's Income Portfolio requires a minimum account balance of S$10,000
  • StashAway charges a management fee ranging from 0.2% to 0.8%, depending on your total amount of investment:

Total Investment

Annual Fees
(inclu GST)

First $25,000

0.80%

Above $25,000, up to $50,000

0.70%

above $50,000, up to $100,000

0.60%

above $100,000, up to $250,000

0.50%

above $250,000, up to $500,000

0.40%

above $500,000, up to $1,000,000

0.30%

Any additional amount above $1,000,00

0.20%

Fees and Pricing details of Stashaway investment portfolio

  • ETF expense ratio fees: Expense ratio charged by ETF manager is approximately 0.2% p.a. Income Portfolio's expense ratio is approximately 0.4% p.a.
  • Currency Exchange Fees: Currency conversion fee charged by StashAway's vendor for non-USD deposits to USD portfolios is 0.08% on the spot rate

About StashAway

StashAway started in the year 2016 by ex ZALORA Group CEO, Michele Ferrario, ex Nomura MD, CIO Freddy Lim and CTO Nino Ulsamer, who is a serial entrepreneur. 

Contact StashAway

Operations

MAS Capital Market Services Licence (CMS100604-1)