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

What’s the StashAway Risk Index for StashAway Simple™?

Accepted Answer

StashAway Simple™ is an ultra-low risk investment portfolio that invests in a money market fund and an enhanced liquidity fund. 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 funds.

Question 5

Can the projected rate change?

Accepted Answer

Yes. Depending on economic conditions, StashAway Simple™’s projected rate may change, as its underlying funds are affected by Singapore’s economic health and trajectory. Though, when applicable, our system will re-optimise your Simple portfolio to maintain the highest possible projected rate within a given economic environment. We’ll review the projected rate weekly, and if there is a change in the return of more than 0.2% from the projected rate, we'll notify you. 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™

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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