StashAway Reviews and Comparison - Seedly
 

StashAway

  • Overview
  • Reviews (282)
  • Questions (142)
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Robo-Advisors/StashAway
Robo-Advisors/StashAway
StashAway
4.8
282 reviews

USER RATINGS

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.9
Robo-Advisors/StashAway
StashAway
4.8
282 reviews

USER RATINGS

Read reviews

User Experience

4.9

Ease of Sign up

4.9

Customer Support

4.9

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)

Read More about StashAway
Reviews (282)

4.8

282 Reviews

  • 5
    237
  • 4
    33
  • 3
    7
  • 2
    2
  • 1
    3

Read Review About...

user experience

customer support

customer service

user interface

returns rate

highly recommend

easy understand

mobile app

easy invest

long term

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  • Updated 2w ago

    Purchased

    StashAway

    THe customer support is amazing, I love that its on whatsapp and they get back pretty quickly. I currently only use stashaway simple as I invest in ETFs directly
    0 comments
    0
  • Started using StashAway since early last year. I consistently invest monthly while keeping track of the portfolio price. I'll try to time the 'lowest point' for that month and invest that day morning to get the price I want when the company invest it on that same night. Have been a good simple strategy for me so far! Feel free to sign up with my link and we'll both get up to $10,000 SGD managed for free for 6 months! bit.ly/2YQdvsJ Update end-2019: Thanks to the low fees for StashAway, I manage to get a total return of ~40% - that to me is amazing and perform better than my side trading! :)
    2 comments
    8
    Clair Hsu
    Clair Hsu

    10 Aug 2019

    How do you check it’s the lower point of the month of the profolio you bought?
    Marrior
    Marrior

    10 Aug 2019

    Hey! I use investing.com to keep track of the portfolio that StashAway invested for me. I'll always wait for a slight market pullback (what goes up comes down, when market corrects, trump tweets ;p or etc) before investing and always try to avoid a short bull run (values consistently goes up for days).
  • Posted 4w ago

    Purchased

    StashAway

    I have been using the app for about 6 months. Sign up and depositing of money into the app is easy and well explained. The app interface is simple to understand and easy to adjust the risk profiles. I personally had no significant issues with the app and have been satisfied with the returns so far.
    0 comments
    0
  • Posted on 10 Dec 2019

    Purchased

    StashAway

    I joined stashaway on March 2019. So far, I am quite satisfied with the returns which is about 10% for highest profile portfolio. Of course, the returns depend on the market and your entry point.
    0 comments
    0
  • Posted on 06 Dec 2019

    Purchased

    StashAway

    Easy to set up account and payment. The UI is simple, clean and user friendly. However, not much flexibility on how the funds are invested apart from adjusting the risk appetite levels.
    0 comments
    0
Questions (142)

Recent Activity

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StashAway

Robo-Advisors

Investments

Hi there, Just jumping in to provide more clarity or assurance on your bankruptcy concern. Other that the below answer provided by my colleague, I do also want to highlight that as a Capital Markets Services License holder, we also have what is known as a minimum capital requirement. We have to ensure that this minimum capital base in always in place i.e preventing us from potentially running out of cash on a daily basis. If it dips below that amount, MAS will require us to stop operating temprorily until we top it back up to the required amount. We are also subject to multiple internal and external audits that have to all be submitted to MAS. These audits ensure we have the right controls and processes in place to prevent a banktruptcy event from happening. However, if we do declare bankruptcy, then you can be assured that MAS will require that we take the necessary steps to ensure that our clients' interest is the main focus on the procedeeings. As mentioned, your funds are completely unmingled from ours and we are not allowed to make use of it at any point in time. At the end of the day, the funds and securities in your portfolio will be kept custodial accounts and this is also the case with some of the largest fund managers who also hold the CMS license for Retail Fund Management. If you'd like, I am happy to discuss it further over a call at +65 6248 0889 or drop us an email at [email protected](mailto:[email protected]) (addressing it to me), and I can address any specific concerns you may have.

Stocks Discussion

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OCBC RoboInvest

StashAway

AutoWealth

Smartly

Syfe

Endowus

Kristal.AI

DBS digiPortfolio

SquirrelSave

Phillip SMART Portfolio

UTRADE Robo

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Updated 2w ago
The returns will depend on the risk profile you set with the robo-advisor, more conservative portfolios will return lower but more consistent returns while higher risk portfolios will see higher returns (albeit potential higher standard deviation). Do go through the entire KYC process with the robo advisor before choosing the risk profile which suits you the best! Depending on the risk profile you choose, the robo will allocate/diversify the portfolio accordingly. eg. more conservative portfolios will see higher allocations in bonds vs stocks and vice versa for a more aggressive profile. As amanda mentioned, you can check out the reviews for the robos on Seedly and see if you can relate to any specific experience. You can also read this article which Seedly has covered regarding the available robo-advisors here as well: https://blog.seedly.sg/singapore-robo-advisor-investment-comparison/

Investments

Robo-Advisors

Promo Codes

StashAway

Siow Nan
Siow Nan
Level 6. Master
Updated 1d 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

Investments

StashAway

Robo-Advisors

Catsnipss
Catsnipss
Level 3. Wonderkid
Updated 2d ago
Yes, it definitely a good app to kick start your journey. Start really small and experience the volitility of the market. Get use to see paper loss, don't get too happy when you see profit. Meanwhile do read up more on investing, consider opening a brokerage account if you are confident enough.

StashAway

Investments

Savings

Robo-Advisors

Promo Codes

KT
Kent Toh, Manager at Kenshoo
Level 4. Prodigy
Updated 3w ago
I didnt know can just share referral links like that! Here is mine: https://www.stashaway.sg/referrals/kianhontxd We both get up to $10,000 SGD managed for free for 6 months! I've used both SRS as well as cash, and I must say I have good confidence of the product. Set up multiple portfolios, set different goals, and different risk index. You can have Income-based, Cash Management, or Goal-based investing. Going up to 36% risk index, I averaged to 17% returns in a year! It gives clear statements, so you are still aware and in control. PLUS, you can actually use Grab rewards to offset fee credits!

StashAway

Investments

CPF SA

Stocks Discussion

Choon Yuan Chan
Choon Yuan Chan
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 3d ago
Besides understanding your risk profile and future financial needs, i feel at least a small portion of your savings can be allocated to stocks investment. For simple no fuss,knowledgeless investement,i would always recommend investing a bit into the STI ETF

Investments

Robo-Advisors

P2P Lending

OCBC RoboInvest

StashAway

AutoWealth

Funding Societies

SeedIn

ETF

MoneyOwl

Syfe

Heah Min An
Heah Min An
Level 5. Genius
Answered 3w ago
Do you feel happy, confident of your investment selections, able to sleep soundly at night? If you’re, then continue doing it. It’s decent. Investment results are good. Investment results achieved by amount of corresponding amount of risk taken needs to be the conversation in this community. The community can’t quantify risk as easily as investment returns thus it naturally leads to an over fixation on purely returns. Risk comes from not knowing what I’m investing. Thank you for taking your time to read.

Investments

StashAway

Robo-Advisors

Stocks Discussion

Mujimoro
Mujimoro
Level 5. Genius
Answered 4d ago
That depends on your risk appetite. I’m typically more on conservative side (SSB, savings accounts) so I use StashAway for growth opportunities by investing a fixed portion of my income monthly to their 26% risk index portfolio. Currently I’m considering to increase my monthly contributions.

Retirement

Investments

StashAway

Supplementary Retirement Scheme (SRS)

Endowus

UOB

It is possible. Whatever you sell/redeem for SRS with other platforms (like stashaway) will be returned back to your SRS account. Then you can invest in your UOB "special trusts" or Endowus if you so wish to. If you are worried that the market will tank this year, you can do a regular savings plan/DCA with us, and it would be cost efficient since we don't have any transaction cost. Also, if you are uncomfortable with huge drops in the market, our risk profiling would have allocated you a more conservative portfolio (say 20% bonds 80% equities). You can read up about how we make SRS investing efficient for our customers here. https://endowus.com/insights/4-reasons-why-endowus-makes-better-sense-for-your-srs-this-christmas-season/
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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%.