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Robo-Advisors/StashAway
Robo-Advisors/StashAway
4.8
1226 reviews
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claimed

Claimed

This product is managed by StashAway.

USER RATINGS

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.8

Plans (2)

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

[PROMO] Get 6-month management fee waiver. Valid till 31 Dec 2022. T&Cs apply. Learn more below.

StashAway Simple

Cash Management

INSTRUMENTS

None

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

1.20%

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

[PROMO] Get 6-month management fee waiver. Valid till 31 Dec 2022. T&Cs apply. Learn more below.

Details

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
Read More about StashAway
Reviews (1226)

4.8

1226 Reviews

  • 5
    1009
  • 4
    179
  • 3
    23
  • 2
    5
  • 1
    10

Read Review About...

    Most HelpfulMost RecentLow to HighHigh to Low
      Posted 4d ago

      Purchased

      StashAway

      As a beginner to investing, this app is very user friendly and intuitive. Great for beginners who are looking to dip their toes into investing

      0

      What are your thoughts?

      Reply

      Posted 12d ago

      Purchased

      StashAway

      One of the worst robot advisor on the market 2 year investments on all kind of portfolio with and without monthly averaging. Losing 1% value and keep losing more: whatever underlying evolution is. Despite 2% gain on cash portfolio. Dividends = management fees. Only winner here is Stashaway [Returns Rate]

      2

      10d ago

      Level 2

      Is this in 2021 when markets did exceptionally well?

      2020 and 2021 together

      i barely hit 1.5% gain when it was on top of 2021

      What are your thoughts?

      Reply

      Posted 19d ago

      Purchased

      StashAway

      [User Experience] Very user friendly, been using since mid of 2020! Thank you Stashaway for facilitating the process and efficient response!

      0

      What are your thoughts?

      Reply

      Posted 19d ago

      Purchased

      StashAway

      Been using for over a year. Easy to use app. Fuss free transactions. Transfers and withdrawals are pretty fast too.

      0

      What are your thoughts?

      Reply

      Posted 19d ago

      Purchased

      StashAway

      A great app to use with nice interface. It has helped me make some money and it has tips to help new investers learn as well.

      0

      What are your thoughts?

      Reply

      Posted 28 Dec 2021

      Purchased

      StashAway

      Fuss free platform where I can park a small sum of money every month. Returns has been pretty decent

      0

      What are your thoughts?

      Reply

      Posted 15 Dec 2021

      Purchased

      StashAway

      I would recommend using StashAway to anyone, especially beginners, who are looking for a fuss free, reliable and transparent way to invest their money. StashAway provides clear and concise information across a broad array of investment assets for you to choose from. Also, valuable insights are provided for you to see your portfolio performance along with curated investment advice. Overall, a great experience using StashAway and will continue to do so!

      0

      What are your thoughts?

      Reply

      Posted 11 Dec 2021

      Purchased

      StashAway

      Mainly due to the easy UI [User Experience] Easy to onboard and the waiting time to approve the account is relatively short

      0

      What are your thoughts?

      Reply

      Posted 01 Dec 2021

      Purchased

      StashAway

      I would recommend using StashAway to anyone, especially beginners, who are looking for a fuss free, reliable and transparent way to invest their money. StashAway provides clear and concise information across a broad array of investment assets for you to choose from. Also, valuable insights are provided for you to see your portfolio performance along with curated investment advice. Overall, a great experience using StashAway and will continue to do so!

      0

      What are your thoughts?

      Reply

      Posted 01 Dec 2021

      Purchased

      StashAway

      [User Experience] [Customer Support] Whenever I have used the app, I was extremely happy with the ease at which I was able to go about using my hard earned money to the test.

      0

      What are your thoughts?

      Reply

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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 clients only
      • Clients must fund their account with S$10,000
      • Funding must be performed within 4 weeks of signing up and can be done cumulatively
      • 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
      (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.

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