Is StashAway Simple™ risky?
This is an investment, so there is a level of risk, but it’s incredibly low. The StashAway Risk Index for StashAway Simple™ is 0.1%. That means you have a 99% chance of not losing more than 0.1% of your AUM in a given year.
The underlying fund in StashAway Simple, AmIncome Fund, is a short to medium-term fixed income fund issued by AmFunds Management Berhad that invests in money market and other fixed income instruments.