Question 1

Why shouldn't I invest in these funds myself instead of having StashAway invest on my behalf?

Accepted Answer

First, with the enhanced liquidity fund, we are using an institutional share class that has lower total expense ratio (annual fee charged by the ELF's fund manager) than the retail share class available on FSM or anywhere else. So, we give you access to the ELF at a lower cost.

Second, we return all rebates from the enhanced liquidity fund and money market fund back to you. Most other platforms and fund managers don't do this.

Question 2

Do I need to invest with StashAway to have StashAway Simple™?

Accepted Answer

Nope! You can have just a StashAway Simple™ portfolio, if that's what works best for your financial plan.

Question 3

How is StashAway Simple™ different from a fixed deposit account or savings account?

Accepted Answer

Unlike fixed deposit accounts that require a minimum lock-up period, you can withdraw from StashAway Simple™ at any time. And unlike traditional savings accounts, StashAway Simple™ doesn't have any tiered earnings structures or account activity requirements. Also, StashAway Simple™'s rate can vary, depending on the economic environment. In addition, your Simple portfolio is made up of ultra-low risk assets, but is not insured.

Question 4

How risky is StashAway Simple™?

Accepted Answer

We designed StashAway Simple™ to be an ultra-low risk cash management portfolio. 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.

Question 5

Can the projected rate change?

Accepted Answer

Yes. Depending on economic conditions, StashAway Simple™'s projected rate may change, as its underlying fund is affected by Malaysia's economic health and trajectory. Though, when applicable, our system will re-optimise your StashAway Simple™ portfolio to maintain the highest possible projected rate within a given economic environment. The risk level to which your money is exposed will remain the same within StashAway Simple™.

StashAway Simple™	Banks
No minimum balance to earn the projected rate. RM1 or RM1,000,000, it’s all the same to us.	Require a minimum balance to earn the basic rate.
No requirements to meet to earn the full projected rate.	Require investments, insurance, salary crediting, and more to unlock the full rate.

Future-proof your savings with StashAway Simple™

Markets are volatile. Simple isn’t.

Q1 - 2022

Q2 - 2022

Q3 - 2022

Q4 - 2022

Growing your cash should be Simple

StashAway Simple™

Banks

Where does your money go?

StashAway Simple™’s underlying funds

It’s free to save with Simple

0%

Approx.

0.5%

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