StashAway Reviews and Comparison - Seedly
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StashAway

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  • Reviews (813)
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Robo-Advisors/StashAway
Robo-Advisors/StashAway
4.8
813 reviews
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This product is managed by StashAway.

USER RATINGS

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.8

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

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

Details

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
Read More about StashAway
Reviews (813)

4.8

813 Reviews

  • 5
    685
  • 4
    107
  • 3
    12
  • 2
    3
  • 1
    6

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    Most HelpfulMost RecentLow to HighHigh to Low
      Updated 2d ago

      Purchased

      StashAway

      Been using this for a few years now. Easy to use interface. Transaction history including dividends received and management fees charged are clearly tracked

      0

      Post
      Updated 3d ago

      Purchased

      StashAway

      [User Experience] Overall good platform, clean, simple, easy to use. [Returns Rate] Not the best. Within a same period, another platform yielded higher returns. I also did not appreciate the money-weighted and time-weighted returns as they were not explained quite well, and were quite different from the simple returns. [Onboarding Experience] Very fast. No complaints. [Investment Method] They have their own risk-mitigation strategies within the portfolio, such as holding bonds for a portfolio of the highest risk index (36%). While this works for some, it didn't work for me, as Stashaway was not my only portfolio. I already had other conservative portfolios which were delivering steady moderate returns and I was looking for something much more aggressive. Was willing to stomach greater volatility for higher returns. [Waiting Time] 1-2 days for investments to be recorded and displayed, which is as fast as it gets.

      0

      Post
      Updated 3d ago

      Purchased

      StashAway

      [User Experience] The user experience of the website is great, looks clean, and it's easy to find whatever I need. [Onboarding Experience] I can't recall the exact onboarding experience as it's been around a year since I signed up, but my impression was that it was straightforward. [Others] StashAway was the first Robo-Advisor that I signed up for and is still the only one I'm using. I find their monthly Market Updates and Insights email useful. It is also good that SRS funds can be used. Robo-investing might not be suitable for every one, as it depends on an individual's situation and their investment strategy. Hence, the rating is 4-stars as I cannot recommend it to everyone to use.

      0

      Post
      Updated 4d ago

      Purchased

      StashAway

      [Customer Support] I highly recommend StashAway platform for who want to set the long term goals in their life, but need for remember that investment there have risk, does not means will 100% return for investment and before starting invest in StashAway please understand the Risk Invest Index on the platform.

      0

      Post
      Updated 4d ago

      Purchased

      StashAway

      [User Experience] Easy to use app with simple UI. You can choose to view your returns based on per portfolio or as a whole, and deposits are easy to make and received usually within the same day if done on a working day. Can also choose your risk appetite and see the projected returns based on what you choose. Would definitely recommend it to anybody with no prior investing experience as it is a great way for them to start.

      0

      Post
    Questions (0)
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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

      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.