StashAway Reviews and Comparison - Seedly
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StashAway

  • Overview
  • Reviews (303)
  • Questions (195)
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Robo-Advisors/StashAway
Robo-Advisors/StashAway

StashAway

4.7
303 reviews

USER RATINGS

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.8
Robo-Advisors/StashAway

StashAway

4.7
303 reviews

USER RATINGS

Read reviews

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

Operations

MAS Capital Market Services Licence (CMS100604-1)

Methodology

Economic Regime-based Asset Allocation (ERAA)

The StashAway platform analyses an individual's financial assets, investment time horizon, and risk preferences to personalise portfolios through a systematic asset allocation strategy. StashAway's internal algorithms build and manage global, customised portfolios of highly diversified, low-cost ETFs across asset-classes, while putting 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.

Read More about StashAway
Reviews (303)

4.7

303 Reviews

  • 5
    248
  • 4
    36
  • 3
    7
  • 2
    2
  • 1
    3

Read Review About...

user experience

customer support

customer service

rate return

user interface

easy understand

highly recommend

mobile app

easy invest

long term

Most Recent

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  • Updated 2w ago

    Purchased

    StashAway

    Been using Stashaway for a while now. And I will continue to use it but as a warning especially in these volatile COVID-19 days. The value in your portfolio is not truly accurate. Due to my own investment decisions, I withdrew my entire amount in 1 portfolio and the value converted to cash took a 6-7% negative loss. At the point of withdrawal, I was about 1% positive. So even though you can withdraw anytime, the value is not true to when you made that decision to withdraw. Be aware. [Investment Method]
    0 comments
    1
  • Updated 3w ago

    Purchased

    StashAway

    Would like to share a horrible and super scary experience. I am now not able to trust them any more. [Horrible Experience: SUPER WRONG investment] I see their StashAwasy Simple product, with minimum risk and relatively high return (they say is 1.9%, which is the same as my saving account) But you know, you can withdraw anytime, so I decided to put all my money (>100k SGD) to StashAwasy Simple. Do you know what happened? All my 100k went to General Investing!!!! Super Scary!!!!! But of course, they will never admit it's their problem, they were trying to say it's my mistake. ????? This is what I did: 1.Transfer about 500 SGD from my StashAwasy Simple to General Investing 2.Deposit to StashAwasy Simple 100k I don't think I did anything wrong? Here is what happened: All my 100k + 500SGD went to General Investing They are completely different products. To me, Simple has minimum risk, but low return (about 1.9%, but enough considering the risk) The normal general investment has very very high risk, to me I put 30%. That means I could lose 30% of my money. My 1000 SGD investment in the General investing became 800 SGD recently due to the sharp drop. Can you imagine your 100k become 80k overnight? Luckily this did not happen to me, luckily I checked my account regularly to avoid anything scary happen to me. Imagine if you trust the platform completely and do not check. I could already lost 20k. [Bad Experience 1: Customer Support] They were trying to give me fee vouchers. I said NO!!!!!!!!!!!!!!! what? still want to lock me in? I demanded cash to cover all my lost (I lost all my earnings + currency exchange fee of my 100k, because they change my SGD to USD) [Bad Experience 2: Customer Support] It took about a month to reach my bank account. Guess what? They did NOT transfer to my registered Bank Account with them, but to another bank account number (see below) [Bad Experience 3: Customer Support] I am a Student. They claimed in their database, the money was from my employment and would like me to prove that. I was like.....???? I am sure I did that during onboarding the money was from my parents. Eventually, I passed them a bank statement. (yes, they transfer the reimbursement to this account) and unluckily, this Bank does not accept incoming transfer using the bank account number (indeed strange). I only know this after this incident, we must add some currency code behind the bank account number so the bank knows which currency account I am transferring to. So it failed. [Investment Method] Easy to invest, just transfer my SGD, they will auto-transfer to USD (with some fee) and manage the investment for me. Very active management, changing the portfolios for me. But then, the return is then very dependent on the company's investment decision, that's why I am reluctant to put in more money. [Onboarding Experience] Easy and straight forward. [Returns Rate] Depends on the market.... now is -ive [Waiting Time] Fast fast
    0 comments
    3
  • Updated 4w ago

    Purchased

    StashAway

    I have been using Stashaway for almost a year now. Overall, I would say I've been very impressed with the ease of use and overall user experience. Portfolios are recommended to you based on your risk profile, and you have the option to tune it higher or lower as well. Do take note however, that their fees are tiered and slightly higher (~0.8%) than some other Robos eg. Syfe, Krystal.AI As for their algorithm, I think it's hard to say how good it is as of now as the portfolio hasn't suffered through a recession yet. It's easy for Roboadvisors to earn nice returns when markets are going up (See 2019), but their selling point is supposed to be the automatic rebalancing when markets crash. Will continue to closely monitor
    0 comments
    0
  • Updated on 28 Feb 2020

    Purchased

    StashAway

    [Customer Support] Always a delight to speak with their customer service! [User Experience] Great UI and UX, responsive app and very easy to manage my investments!
    0 comments
    0
  • Updated on 27 Feb 2020

    Purchased

    StashAway

    [User Experience] I simply like it, a lot. When I refer friends to StashAway, I always mention the user experience as a reason for considering their platform. [Investment Method] I do not think they have an edge here [Others] From a business model and product innovation perspective, if they are able to sustain, they surely will be around for the long haul. In itself, this is as important as generating good returns in the market given that you would want your robo-advisor to be around after you're long gone. I assume for now that the founding team is able to build a long-lasting business. Key dangers: (1) Founding team sell the company and the company loses its appeal, regardless of who would be the new owner (2) their successors are not able to continue building a great business
    0 comments
    1
Questions (195)

Recent Activity

  • Recent Activity
  • Unanswered
  • Trending
Recent ActivityUnansweredTrending

Syfe

StashAway

AutoWealth

Eliezer
Eliezer, Community Lead at Syfe
Level 5. Genius
Answered 2d ago
At Syfe, our portfolios are constructed to shield investors from significant losses, preserve the strength of their portfolios, and position them to capture the upside as the market makes its eventual recovery. Despite the volatility, our portfolios have remained resilient, with smaller dips in value as compared to the benchmarks and broader market: https://www.syfe.com/magazine/coronavirus-pandemic-how-syfe-builds-resilience-into-portfolios/ Simply put, our automated risk managed investing (ARI) algorithm had rebalanced portfolios to bring portfolio risk back in line with our investors' chosen risk level. For our 15% Downside Risk portfolios, our timely adjustment to increase the share of lower-risk bonds resulted in a significantly smaller dip of 10%, compared to our benchmark's loss of 21%. Our risk-based investing strategy ultimately delivers better risk-adjusted returns over the long term, and better peace of mind for our clients during this tumultuous period.
👍 3

Investments

Robo-Advisors

Promo Codes

StashAway

Siow Nan
Siow Nan
Level 6. Master
Updated 16h ago
If you use my referral link below, you can get up to $10,000 managed for free for 6 months. At least for first 6 months you can try out with a smaller amount without management fees!!!!!!!!!!!! www.stashaway.sg/referrals/siownanw3zpr
👍 10

Investments

Savings

STI ETF

Regular Shares Savings Plans (RSS/RSP)

StashAway

COVID-19

REITs

Singapore Saving Bonds (SSB)

Gabriel
Gabriel
Level 8. Wizard
Answered 3d ago
Hey Anon, congratulations on the start of your investing journey. Why not consider setting up a RSP for both STI ETF and REITS since most of the indexes have dropped quite a bit due to the coronavirus. For REITS under DBS' Invest Saver, you can consider Nikko AM-StraitsTrading Asia ex Japan REIT ETF (CFA). Check out this thread for a comparison - https://seedly.sg/questions/which-s-reit-etf-would-you-recommend-for-stable-dividends
👍 0

COVID-19

Investments

Robo-Advisors

ETF

StashAway

Syfe

Eliezer
Eliezer, Community Lead at Syfe
Level 5. Genius
Answered 4d ago
Hello! If you're planning to invest for the long term, it may be a good opportunity now to consider increasing your investments to take advantage of the current market. Moreover, despite market pressures, Syfe portfolios have remained remarkably resilient, experiencing smaller dips in value as compared to our benchmarks and the broader market. The key is ample diversification, combined with Syfe's automated risk managed investing (ARI) strategy. Simply put, when volatility increases, we reduce your exposure to higher-risk assets to cushion your portfolio against losses. This gives a lot of investors the assurance to stay invested and not panic sell. You can read more about how our portfolios have performed in the current market here: https://www.syfe.com/magazine/the-power-of-a-risk-managed-diversified-portfolio/ Our financial advisors can provide more personalised advice - please feel free to schedule a chat with them here! https://www.syfe.com/financial-advisors
👍 3

Robo-Advisors

StashAway

Syfe

Investments

Eliezer
Eliezer, Community Lead at Syfe
Level 5. Genius
Updated 5d ago
Hi there! I believe you'd find that your Syfe portfolio has been largely cushioned from the impact of the market drop. This resilience can be attributed to your portfolio being well diversified, and your portfolio risk being judiciously managed by our ARI algorithm: https://www.syfe.com/magazine/the-power-of-a-risk-managed-diversified-portfolio/ You can also read more about Syfe's differentiating factors here: https://seedly.sg/questions/is-syfe-good-how-does-it-measure-up-against-stashaway If you are planning to invest for the long term, it may be a good opportunity now to consider deploying a dollar cost averaging strategy to take advantage of the current market. Our financial advisors can provide more personalised advice - please feel free to schedule a chat with them here! https://www.syfe.com/financial-advisors
👍 4

StashAway

AutoWealth

Robo-Advisors

Investments

Stocks Discussion

Hi anon, Welcome to the market. Don't worry, you are not the only one who is down during this peroid. Stick with your game plan and continue. Your losses are only on paper, and when the markets rebound (if they don't, everyone will have a far bigger problem on their hands) you will reap the benefits. I'd say there isn't a need to reduce your monthly contribution either, unless your cashflow is tight. I actually see many clients increasing their monthly contribution instead, to take advantage of opportunities available now (but take note, this may not be for you) Don't try to time the market. No one captures the bottom, nor sells at the top. Just stick to your game plan.
👍 3

StashAway

Investments

Robo-Advisors

CH
CH
Level 6. Master
Answered 6d ago
Interestingly, i did ask stashaway similar question about 2 weeks ago. whether should i increase monthly contributions since the market is down. the standard answer from stashaway is: have 6 months of emergency cash and stick with your original plans. so, here is my take. if i am comfortable that my job will not be affected by the virus and impending recession, I will invest a bit monthly. if I think that there is a chance that I may need the cash, on top of emergency fund, in case to downgrade or whatsoever, I will continue to stick with my current plan. if I get bonus, increment or special bonus along the way, i can consider to make a one-time lump sum investment. ultimately, no one knows when the bottom is or when the recession will be over. will china reopen its factory to full capacity, will consumers buy as much as before. nobody knows. hope this helps.
👍 0

Investments

StashAway

Robo-Advisors

Lok Yang Teng
Lok Yang Teng
Level 8. Wizard
Answered 2w ago
That is timing the market. You will never know when the market bottoms or when it'll start to recover. There could be a vaccine tomorrow or it'll crash by another 20% the next day. No one knows. That is why DCA is commonly preferred option.
👍 1

STI ETF

Investments

Robo-Advisors

StashAway

Syfe

There's no compound interest in equity investments because they don't pay any interest. Only tools that pay interest, compounds. Like bank accounts, loans, insurance cash bonuses. Equity investments have growth and dividends. And if you reinvest dividends you can consider that compounded growth, but that's not interest. With equity investments, you buy low and sell high. And regular investments allow you to accumulate units or shares.
👍 1

Robo-Advisors

Kristal.AI

StashAway

CJ
Cynthia Jasmin
Level 5. Genius
Answered 2w ago
Hi there, No you didn't miss anything there are no catches that you need to worry about. Investors like you can get started with Kristal by focusing on these two factors; Firstly, there is absolutely no fees for your first $50,000 USD investment and allows investors access to curated global ETFs. Secondly, there are also 25 FREE TRADES (excluding automated rebalances) beyond that you will be upgraded to paid tier. The objective is to encourage more investing like behaviour and not frequent trading which in my personal experience proven to perform better for the long haul. We make money from more HNW client who bank millions with us. Hope this helps, Cynthia
👍 3
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About StashAway

StashAway started in the year 2016 by ex ZALORA Group CEO, Michele Ferrario and ex Nomura MD, Freddy Lim.

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%. The StashAway platform analyses an individual's financial assets, investment time horizon, and risk preferences to personalise portfolios through a systematic asset allocation strategy. As part of our goal to have a full range of high-quality financial products so that our clients view us as their principal wealth manager, we also have 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 global, customised portfolios of highly diversified, low-cost ETFs across asset-classes, while putting 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.

Method of investing for StashAway

StashAway adopts an Economic Regime-based Asset Allocation™ method.

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

Minimum investment and fees for StashAway

StashAway has no minimum balance required. This means that any amount of investment is welcomed.

StashAway charges a management fee ranging from 0.2% to 0.8%.