Are you looking for a way to build long-term wealth in Singapore? If so, you may want to consider StashAway Singapore, a MAS-licensed investment platform designed for portfolio and wealth management. With low fees and a strong team of over 150 employees, StashAway empowers people to build long-term wealth.
StashAway Singapore offers a projected rate of 3.7% p.a. before fees, making it an attractive option for those looking for a smart investment platform. With no minimums or maximums, the rate you see is the rate you get, making it easy to invest with certainty. Plus, StashAway only partners with MAS-regulated banks, so you can rest assured that your investments are in good hands.
Key Takeaways
- StashAway Singapore is a MAS-licensed investment platform designed for portfolio and wealth management.
- StashAway offers a projected rate of 3.7% p.a. before fees, making it an attractive option for those looking for a smart investment platform.
- StashAway only partners with MAS-regulated banks, so you can rest assured that your investments are in good hands.
Understanding StashAway
If you’re looking for a simple and easy way to invest in Singapore, StashAway is an excellent option to consider. This MAS-licensed investment platform offers globally-diversified portfolios at low fees, making it accessible to everyone.
What Is StashAway?
StashAway is an investment app that allows you to invest your money in a portfolio of ETFs (exchange-traded funds) that are diversified across asset classes, geographies, and industries. The platform uses Modern Portfolio Theory to create a portfolio that is tailored to your risk profile and investment goals. StashAway is also available as a mobile app, making it easy to manage your investments on the go.
How StashAway Simplifies Investing
StashAway makes investing simple and hassle-free. There are no complicated terms to understand, and no minimum or maximum investment amounts. You can start investing with as little as $1. The platform also offers StashAway Simple, which is a cash management portfolio that earns a projected return of 1.9% per annum. This is a great option for those who want to earn a higher return on their cash savings.
StashAway also offers excellent customer support, with a team of experienced investment advisors available to answer any questions you may have. The platform also provides educational resources and tools to help you make informed investment decisions.
In summary, StashAway is an excellent investment platform that simplifies the investment process and makes it accessible to everyone. With low fees, globally-diversified portfolios, and excellent customer support, StashAway is a great option for anyone looking to invest in Singapore.
Investment Strategies and Portfolios
When it comes to investing, StashAway has got you covered with its tailored asset allocation and diverse investment options. Here are some of the key features of StashAway’s investment strategies and portfolios.
Tailored Asset Allocation
StashAway’s investment strategies are designed to suit your individual investment goals and risk tolerance. StashAway uses Economic Regime-based Asset Allocation (ERAA®) to ensure that your portfolio is optimised for the current economic climate. This means that your portfolio will be rebalanced as the market changes to ensure that you are always invested in the best performing assets.
Diverse Investment Options
StashAway offers a wide range of investment options, including ETFs, bonds, SRS funds, REITs, and thematic portfolios. This means that you can create a portfolio that is tailored to your specific investment goals and risk tolerance. StashAway also offers a General Investing Portfolio that provides broad market exposure, as well as an Income Portfolio that sources income from government bonds, corporate bonds, REITs, and stocks.
StashAway Simple and Simple Plus
StashAway also offers two simplified investment options, StashAway Simple and Simple Plus. These options are designed for investors who want a hassle-free investment experience. StashAway Simple is a low-cost, globally diversified portfolio that is rebalanced quarterly. StashAway Simple Plus is a more personalised investment option that is tailored to your individual investment goals and risk tolerance.
Overall, StashAway offers a range of investment strategies and portfolios that are designed to suit your individual needs. With its tailored asset allocation, diverse investment options, and simplified investment options, StashAway is a great choice for investors who want to grow their wealth while managing their risk. So, why not start investing with StashAway today and watch your wealth grow?
Financial Planning and Goals
When it comes to financial planning, setting investment goals is crucial. This is where StashAway Singapore comes in. With their intelligent investment framework, StashAway pairs personalised wealth management and financial planning to help you achieve your financial goals.
Setting Investment Goals
Before investing, it’s important to determine your current financial standing. StashAway’s financial planning tool can help you analyse your current assets and liabilities, and how they contribute to your goal of reaching financial freedom. By periodically updating your financial details, you can also view your progress and stay on track to reach your goal of financial freedom.
When setting investment goals, it’s important to specify and prioritise your life goals and assess how much they will cost to achieve. This can include saving for a down payment on a house, planning for retirement, or even saving for a dream vacation. StashAway’s investment planning guide offers insights for investors embarking on investment planning.
Planning for Future Expenses
In addition to setting investment goals, it’s also important to plan for future expenses. This can include upcoming expenses such as a child’s education or a home renovation project. StashAway can help you develop a strategic action plan to reach your goals, and set up cost-effective safety nets for you and your loved ones.
To plan for future expenses, it’s important to have a regular current savings account that you can use to save money for these expenses. You can also consider setting up an emergency fund and backup funds to prepare for unexpected expenses.
By using StashAway’s financial planning tool and investment framework, you can take control of your financial future and achieve your investment goals. So start planning today and take the first step towards financial freedom.
Costs and Returns
If you’re considering investing with StashAway Singapore, it’s important to understand the costs and returns associated with their investment products. In this section, we’ll break down the fees and pricing structure, as well as the projected returns and performance.
Understanding Fees and Pricing
One of the most attractive features of StashAway is their transparent fee structure. They charge a management fee of between 0.2% to 0.8% annually, depending on the amount you invest. This fee excludes any ETF fees and forex transaction fees that may apply.
StashAway also does not charge any account setup or exit fees, and allows unlimited free withdrawals and transfers between portfolios. Rebalancing, transaction, and re-optimisation costs are also included in the management fee.
Projected Returns and Performance
StashAway Singapore projects a return rate of 3.7% p.a. for their investment portfolios, based on the yield to maturity of the underlying ETFs. However, it’s important to note that this is a projected rate and not a guaranteed return.
Past performance is also not indicative of future results, but StashAway Singapore has consistently outperformed the benchmark index over the years. As of January 2024, their portfolios have returned an average of 7.2% p.a. since inception, while the benchmark index returned an average of 4.9% p.a.
Overall, StashAway Singapore offers an attractive fee structure and has a proven track record of delivering solid returns. However, as with any investment, it’s important to do your own research and assess your risk tolerance before making any decisions.
Getting Started with StashAway
If you’re looking for a simple and efficient way to start investing, StashAway is a great option. With no minimum deposit required and a user-friendly app, it’s easy to get started and grow your cash.
Creating an Account
To create an account with StashAway, you’ll need to provide some basic personal information and complete a risk assessment questionnaire. This will help StashAway create a portfolio that’s tailored to your needs and preferences. You can sign up for an account using your SingPass account, which makes the process even faster and more convenient.
Once your account is set up, you can start investing right away. StashAway offers a range of portfolios to choose from, including StashAway Simple™, which is designed for those who are new to investing and want a simple, guaranteed way to grow their cash.
Navigating the StashAway App
The StashAway app is designed to be user-friendly and easy to navigate. You can view your portfolio performance, track your investments, and make changes to your portfolio all from the app.
One of the great features of the StashAway app is the ability to set and track your investment goals. Whether you’re saving for a down payment on a house or planning for retirement, StashAway makes it easy to stay on track and achieve your goals.
Overall, StashAway offers a great investing experience for those who are looking for a simple and efficient way to start investing. With no minimum deposit required and a user-friendly app, it’s easy to get started and grow your cash.
Frequently Asked Questions
How does StashAway in Singapore compare to traditional investment options?
StashAway is a digital investment platform that uses a sophisticated algorithm to create and manage portfolios for its clients. Compared to traditional investment options, StashAway offers a more streamlined and cost-effective approach to investing. With StashAway, you can invest in a diversified portfolio of ETFs that are tailored to your investment goals, risk tolerance, and time horizon. This means that you can achieve your investment objectives without having to spend a significant amount of time researching and managing your investments.
What are the latest reviews saying about StashAway’s performance?
StashAway has received positive reviews from customers and investment experts alike. The platform has been praised for its user-friendly interface, low fees, and solid investment performance. According to StashAway’s website, their portfolios have outperformed traditional investment benchmarks over the long term. However, it is important to note that past performance is not indicative of future results.
Can you explain the fee structure for investing with StashAway?
StashAway charges a management fee ranging from 0.2% to 0.8% per annum, depending on the size of your portfolio. There are no other hidden fees or charges, and you can withdraw your funds at any time without incurring additional fees. StashAway also does not charge any fees for account opening, closing, or transferring.
How do I get started with StashAway and set up my login details?
Getting started with StashAway is easy. Simply visit their website and create an account. You will need to provide some personal information and complete a risk assessment questionnaire to determine your investment profile. Once you have completed these steps, you can transfer funds into your StashAway account and start investing. To set up your login details, simply follow the instructions provided on the website.
Is StashAway recognised and regulated by the Monetary Authority of Singapore?
Yes, StashAway is recognised and regulated by the Monetary Authority of Singapore (MAS). This means that they are subject to strict regulatory requirements and must adhere to high standards of transparency, security, and investor protection.
What security measures does StashAway have in place to protect my investments?
StashAway takes security very seriously and has implemented a range of measures to protect your investments. These include using bank-level security protocols, such as 256-bit SSL encryption and multi-factor authentication, to secure your account. They also use advanced fraud detection systems to monitor your account for suspicious activity. In addition, StashAway stores your assets with a third-party custodian to ensure that they are kept separate from their own assets.