StashAway
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This product is managed by StashAway.
Summary
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- Claimed in September 2020
- Pays to access additional features
StashAway Review 2021: Is StashAway the Best 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
Popular Products
This product is managed by StashAway.
Summary
Product Page Transparency
- Claimed in September 2020
- Pays to access additional features
StashAway Review 2021: Is StashAway the Best 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
Plans (3)
StashAway
ETFs, Equities, Bonds
INSTRUMENTS
0.2% to 0.8% p.a.
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
4.7
1285 Reviews
Service Rating
User Experience
Ease of Sign up
Customer Support
Most Helpful
Posted 20d ago
Purchased
StashAway
Easy to understand easy to navigate easy use. sign-up was straight forward too…. Overall recommended0
What are your thoughts?Posted 03 Apr 2023
Purchased
StashAway
Great, fuss free way to invest if you are not financially savvy. However, the fees can add up over time.0
What are your thoughts?Posted 25 Feb 2023
It's an excellent platform for beginner investors who are not investment savvy. Platform and is easy to use, zero difficulties in signing up. It is fuss-free and keeps investment really simple!0
What are your thoughts?Mey Wong
25 Feb 2023
Head of Client Experience at StashAway
Reply
Save
Posted 01 Feb 2023
Purchased
StashAway
By [Returns Rate] Not so good after a few years, sell everything at a bearable loss. Other than that, the rest are fine, user experience and design are pretty good.1
What are your thoughts?Mey Wong
Edited 25 Feb 2023
Head of Client Experience at StashAway
Hi SH, thank you for sharing this. We are committed to continously improve our products and our growing investment team is working hard to ensure our portfolios remain resilient in the current uncertain economic climate.
That said, I am sorry that the experience with us has been less than satisfactory. If you ever do decide to return, we will be here for you!
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Save
Posted 27 Jan 2023
Purchased
StashAway
[User Experience] Great user interface and ease of use; clear indication of returns of each portfolios at a glance on the main page. [Investment Method] Risk level can be customised based on your risk appetite. Custom portfolios can also be created if you wish to select the diversification of your funds based on your choices. [Onboarding Experience] Quick and easy sign up, fool-proof!0
What are your thoughts?Posted 26 Jan 2023
Purchased
StashAway
Overall experience is simple and easy to understand and use. My main gripe is just that the investment returns has dropped due to the volatile financial environment globally, which isn't exactly StashAway's fault. I appreciate that they try to reconfigure my portfolio but so far my overall earnings is still a negative. For now I am still a little optimistic that things will bounce back again in a number of years.0
What are your thoughts?Posted 26 Jan 2023
Purchased
StashAway
Have been using Stashaway for several years now, mainly for investing my SRS funds. The app is easy to use with nice UI. The initial couple of years yielded very good returns. But since the covid-19 pandemic happened, most of the gains were wiped out, and currently still hovering near my initial capital. I'll still continue to invest with Stashaway as my investment horizon is long term. Hopefully as the economy improves, the gains will do the same.0
What are your thoughts?Posted 08 Jan 2023
Purchased
StashAway
[Investment Method] 3 stars because the investment method despite all the investment managers looking at market all day for years, still provides a return less than broad-based market ETFs in general. Not that I'm a pro myself but when CCP was cracking down on sector-specific companies and dual-listed companies, Stashaway was moving funds to invest in oriental stocks which accelerated losses but when the realised it was a wrong move and reallocated funds, the bloodbath has been done and oriental stocks started recovering. I'm on the 36% risk portfolio and I guess the interface makes it tempting for investors to sign up, especially with 5 year return and the 95% probability of my portfolio increasing by 50%. Seems like a rather huge trumpet to blow for a 36% risk portfolio. I think they should put that on a flipside, the probability of one's portfolio dropping by the same basis point is the same also0
What are your thoughts?Posted 31 Dec 2022
Purchased
StashAway
Platform and is easy to use, no difficulty in signing up. It is fuss free and keep investment really simple!0
What are your thoughts?Posted 08 Dec 2022
Purchased
StashAway
[User Experience] Good app reviews build strong authority and trust among the target audience [Investment Method] Good views increase the retention rate of users. Good reviews boost the user attention for any app0
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Exclusive Rewards
Get 6-month management fee waiver
- Promotion is valid till 31 December 2022
- Promotion is applicable to new StashAway applicants
- First deposit must be performed within 4 weeks of signing up
- Fee waiver applicable for investment amounts up to S$40,000
- Terms and Conditions apply
- To apply, click on the "Apply Now" or "Visit Site" buttons
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 |
|---|---|
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
Contact StashAway
- Visit StashAway's website for more information and to apply for a StashAway account.
- Tel: +65 6958 1052
- WhatsApp Message: 98770801
Operations
MAS Capital Market Services Licence (CMS100604-1)
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 us at [email protected] should you require any assistance or spot any inaccuracies.
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Hey Tanveer! Thanks for leaving us this review. I'm glad that signing up with us was a smooth experience for you. We're always open to hearing from users about how we can improve our platform. Let me know how we can make this a 5 star experience for you (: