Are you looking for a hassle-free way to invest your money in Singapore? Look no further than StashAway, one of the country’s oldest and most popular robo-advisors. With StashAway, you can easily invest your money in a diversified portfolio of exchange-traded funds (ETFs) tailored to your individual goals and risk tolerance.
StashAway offers general and goals-based investing, so you can choose the best approach for you. The platform also provides a range of portfolios, including income and thematic portfolios, to help you achieve your financial goals. And with StashAway Simple, you can even earn higher returns on your cash savings.
Investing with StashAway is also affordable, with lower fees than many traditional investment options. Plus, the platform is user-friendly and easy to navigate, even if you’re new to investing.
So why wait? Sign up for StashAway today and start building your wealth in Singapore.
1-Minute Read: StashAway Singapore – Invest Like a Boss
Cash-strapped but curious about investing? This quick guide gives you the lowdown on StashAway, a robo-advisor making waves in our investment scene.
StashAway 101:
- Effortless Investing: This platform uses smarts (not magic!) to build and manage a globally diversified portfolio based on your risk tolerance. No stock picking, no stress – choose your risk profile and let StashAway do the rest.
- Beginner Friendly: With no minimum investment and a user-friendly interface, StashAway is perfect for those starting their investment journey. Plus, educational resources are readily available to help you become an investing pro in no time.
- Tailored Portfolios: StashAway doesn’t offer a one-size-fits-all solution. They create personalized portfolios that match your risk appetite using Exchange-Traded Funds (ETFs).
- Affordable Fees: Fees are based on your investment amount, making it a cost-effective option.
Intrigued? There’s more! StashAway offers features like automatic rebalancing and the ability to invest using your Supplementary Retirement Scheme (SRS) funds.
Ready to unlock the potential of your hard-earned cash? Dive deeper into StashAway and discover how it can help you achieve your financial goals!
What Is StashAway?
If you’re looking for a way to invest your money in Singapore, you may have come across StashAway. This app-based investment platform has been making waves in the startup scene since its launch in 2016.
Origin and Growth
StashAway was founded by Michele Ferrario and Freddy Lim, with the aim of providing an easy and affordable way for investors to access sophisticated investment strategies. The company has since grown rapidly, and now has over 150,000 investors across Singapore and other countries in the region.
StashAway’s success can be attributed to a number of factors. Firstly, the platform is incredibly user-friendly, with a simple and intuitive interface that makes it easy for anyone to start investing. Secondly, StashAway’s investment strategies are based on cutting-edge technology and research, which allows the platform to offer investors access to a range of sophisticated investment products that were previously only available to institutional investors.
StashAway’s Investment Philosophy
StashAway’s investment philosophy is based on the idea of goal-based investing. This means that instead of simply investing in a portfolio of stocks and bonds, StashAway helps you to identify your financial goals and then creates a tailored investment strategy to help you achieve them.
StashAway’s investment strategies are designed to be low-cost and diversified, with a focus on long-term growth. The platform uses a range of investment products, including exchange-traded funds (ETFs) and other low-cost index funds, to create a portfolio that is tailored to your individual needs and risk profile.
In summary, StashAway is an exciting startup that is helping to democratise access to sophisticated investment strategies. With its user-friendly app and cutting-edge investment philosophy, StashAway is well-positioned to be at the forefront of the future of consumer tech in Singapore and beyond.
Investment Options with StashAway
If you’re looking for a hassle-free way to invest your money in Singapore, StashAway is a robo-advisor that you should consider. StashAway offers a range of investment portfolios that cater to different risk appetites and investment goals. In this section, we’ll take a closer look at the investment options available with StashAway.
General Investing Portfolios
StashAway’s General Investing Portfolios are designed to provide exposure to a diversified range of asset classes, including international equities, corporate bonds, government bonds, and commodities. These portfolios are suitable for investors who are looking for long-term growth and are comfortable with a moderate level of risk.
StashAway Simple
StashAway Simple is a low-risk investment option that is designed for investors who are looking for a simple way to grow their cash savings. This option invests in a diversified portfolio of short-term, high-quality bonds and is suitable for investors who are looking for a low-risk investment option.
Income Portfolio
StashAway’s Income Portfolio is designed for investors who are looking for a regular stream of income. This portfolio invests in a diversified range of income-generating assets, including real estate investment trusts (REITs), corporate bonds, and government bonds. The Income Portfolio is suitable for investors who are looking for a stable source of income.
Thematic Portfolios
StashAway’s Thematic Portfolios are designed to provide exposure to specific themes or trends, such as technology, healthcare, or sustainability. These portfolios invest in a diversified range of stocks and are suitable for investors who are looking for exposure to specific themes or trends.
StashAway’s investment portfolios are built using exchange-traded funds (ETFs), which are low-cost, passive investment vehicles that provide exposure to a diversified range of assets. StashAway’s investment philosophy is based on modern portfolio theory, which emphasises the importance of diversification and asset allocation in reducing investment risk.
Overall, StashAway offers a range of investment options that cater to different risk appetites and investment goals. Whether you’re looking for long-term growth, a low-risk investment option, a regular stream of income, or exposure to specific themes or trends, StashAway has an investment portfolio that is suitable for you.
Understanding StashAway’s Fees
If you’re considering using StashAway as your robo-advisor, you’ll want to understand the fees associated with the platform. In this section, we’ll break down StashAway’s fee structure and compare it to other robo-advisors available in Singapore.
Management Fee Structure
StashAway’s management fee structure is based on the total amount you invest with the platform. The more you invest, the lower your management fee. Here’s a breakdown of the fee structure:
| Total Investment Amount | Annual Management Fee |
|---|---|
| Up to $25,000 | 0.8% |
| $25,000 to $50,000 | 0.7% |
| $50,000 to $100,000 | 0.6% |
| $100,000 to $250,000 | 0.5% |
| $250,000 to $1,000,000 | 0.4% |
| Over $1,000,000 | 0.2% |
It’s worth noting that this fee structure is in line with other robo-advisors available in Singapore, such as Syfe and Endowus. However, it’s important to note that there are other fees associated with investing with StashAway, such as forex transaction fees and ETF manager fees. These fees are typically lower than those charged by other robo-advisors, such as AutoWealth and Smartly.
Comparison with Other Robo-Advisors
When compared to other robo-advisors in Singapore, StashAway’s management fees are relatively low. For example, Syfe charges an annual management fee of 0.65% for portfolios under $20,000, while Endowus charges a flat fee of 0.4% for all portfolios. However, it’s worth noting that other robo-advisors may have different fee structures and additional fees, so it’s important to do your research before choosing a platform.
Overall, StashAway’s fee structure is competitive when compared to other robo-advisors in Singapore. While there are other fees associated with investing with the platform, these fees are typically lower than those charged by other robo-advisors.
StashAway’s Algorithm and Technology
StashAway prides itself on its sophisticated algorithm and cutting-edge technology that helps investors make informed investment decisions. The platform uses a proprietary algorithm that considers various factors, such as your risk appetite, investment horizon, and economic outlook, to determine the best investment strategy for you.
Economic Regime-Based Asset Allocation
One of the critical features of StashAway’s algorithm is its economic regime-based asset allocation. The platform adjusts your investment portfolio based on the prevailing economic conditions. For example, during a recession, the algorithm may allocate more funds to defensive assets such as bonds and gold, while during an economic boom, it may allocate more funds to growth assets such as stocks.
This approach ensures that your portfolio is always aligned with the prevailing economic conditions, helping you achieve your investment goals while minimizing risk.
Artificial Intelligence in Investing
StashAway also uses artificial intelligence (AI) to optimize its investment strategies. The platform’s AI technology analyzes vast amounts of data to identify patterns and trends that may not be apparent to human investors. This allows StashAway to make informed investment decisions based on data-driven insights.
For example, the platform’s AI technology may analyze market data to identify undervalued stocks or sectors poised for growth. This enables StashAway to allocate funds to these assets, potentially generating higher returns for investors.
In summary, StashAway’s algorithm and technology are at the forefront of the robo-advisory industry. The platform’s economic regime-based asset allocation and AI-driven investment strategies ensure that your portfolio is always optimized for your investment goals and aligned with the prevailing economic conditions.
Tip: Start Small, Grow Big
StashAway’s flexible platform allows you to begin with any amount. This makes it perfect for beginners to get comfortable investing before increasing their contributions.
Consider setting up a micro-investment plan. Even small, regular deposits can add up significantly over time, thanks to the power of compound interest.
User Experience and Accessibility
When it comes to investing, the user experience and accessibility of a platform are crucial factors to consider. In this section, we’ll take a closer look at StashAway’s interface and usability, as well as its eligibility criteria and account setup process.
Interface and Usability
StashAway’s user interface is clean, intuitive, and easy to navigate. The app is available for both iOS and Android devices, making it accessible to a wide range of users. The app’s dashboard provides a clear overview of your portfolio’s performance, with detailed breakdowns of your investments and returns.
The platform also offers a range of useful features, such as the ability to set up multiple portfolios for different investment goals, automatic rebalancing, and tax-loss harvesting. StashAway’s investment strategy is based on Modern Portfolio Theory, which aims to maximize returns while minimizing risk through diversification.
Eligibility and Account Setup
To open an account with StashAway, you must be at least 18 years old and have a valid Singaporean Identification Card (NRIC) or a valid Employment Pass. You will also need to provide proof of residence, such as a utility bill or bank statement.
The account setup process is straightforward and can be completed entirely online. You’ll need to answer a few questions about your investment goals and risk tolerance, after which StashAway will recommend a portfolio that’s tailored to your needs. Once you’ve chosen your portfolio, you can fund your account via bank transfer or GIRO.
In summary, StashAway offers a user-friendly platform that’s accessible to a wide range of investors. With its intuitive interface, useful features, and tailored investment strategies, it’s a great option for anyone looking to start investing in Singapore.
Cash Management with StashAway
If you’re looking for an investment platform that offers cash management services, StashAway has got you covered. With StashAway Simple and Simple Plus, you can earn a return on your cash with no minimum investment amounts and no lock-ins.
StashAway Simple Features
StashAway Simple is an ultra-low-risk portfolio for those with an investment time horizon of 6 to 12 months. It is designed to provide a projected return of 2.2% p.a. with no management fees. This portfolio invests in the LionGlobal SGD Money Market Fund, which is a low-risk fund that invests in short-term, high-quality debt securities.
StashAway Simple Plus, on the other hand, offers a projected return of 4.6% to 5% p.a. with no lock-ins and no management fees. This portfolio invests in the LionGlobal SGD Enhanced Liquidity Fund, which is a low-risk fund that invests in short-term, high-quality debt securities and also includes exposure to Singapore government bonds.
Cash Management Account
StashAway also offers a cash management account called Cash Smart, which offers a projected return of 3.5% to 4.9% p.a. This account invests in the same funds as StashAway Simple and Simple Plus, but also includes exposure to other short-term, high-quality debt securities.
With StashAway’s cash management services, you can easily manage your cash and earn a return on it without having to worry about minimum investment amounts or lock-ins. Whether you’re saving up for a short-term goal or just want to keep your cash in a safe and low-risk investment, StashAway has the perfect solution for you.
Overall, StashAway’s cash management services are a great way to earn a return on your cash while keeping it safe and low-risk. With no minimum investment amounts, no lock-ins, and no management fees, StashAway makes it easy and convenient to manage your cash and earn a return on it.
Risk and Returns
Investing always involves some level of risk, and it’s important to understand how much risk you’re willing to take on before you start investing. StashAway aims to help you build a portfolio that matches your risk tolerance and preferences.
Understanding StashAway’s Risk Index
StashAway uses a proprietary risk management system that it calls the “StashAway Risk Index”. This system takes into account your risk preferences, portfolio size, and investment horizon to create a personalised risk profile for you. The risk profile ranges from 1 (low risk) to 36 (high risk).
Each portfolio on StashAway is assigned a risk index that corresponds to its level of risk. For example, a portfolio with a risk index of 12 is considered to be moderate risk. The portfolios are then optimised to maximise returns while staying within the risk index assigned to them.
Historical Performance Analysis
When considering investing with StashAway, it’s important to look at its historical performance. While past performance is not a guarantee of future returns, it can give you an idea of what to expect.
StashAway provides historical performance data for each of its portfolios. For example, the 36% risk index portfolio had an average annualised return of 9.8% from 2018 to 2021. Meanwhile, the 6% risk index portfolio had an average annualised return of 2.2% during the same period.
It’s important to note that these returns are not guaranteed and can fluctuate based on market conditions. However, StashAway’s approach to diversification can help mitigate some of the risks of investing.
Overall, StashAway’s risk management system and historical performance data can help you make informed decisions about your investments. By understanding your risk tolerance and preferences, and choosing a portfolio that matches them, you can maximise your returns while minimising your risk.
Additional Investment Features
StashAway offers a range of additional investment features that can help you customise your portfolio, rebalance your investments and earn dividends.
Customisation Options
StashAway allows you to customise your portfolio according to your risk appetite and investment goals. You can choose from a range of asset classes, including equities, bonds, and commodities, and set your preferred allocation. The platform also offers a unique feature called the StashAway Themes, which allows you to invest in specific sectors such as technology, healthcare, and renewable energy.
Rebalancing and Dividends
StashAway automatically rebalances your portfolio when necessary to ensure that your investments remain aligned with your investment goals and risk tolerance. The platform also provides dividend reinvestment options, which means that any dividends earned from your investments will automatically be reinvested back into your portfolio.
StashAway’s customisation options, rebalancing, and dividend reinvestment features make it an exciting investment platform for investors looking to tailor their investment strategy to their unique needs and goals.
Investing for Beginners
If you’re new to investing, it can be overwhelming to know where to start. But with StashAway, you can start investing with as little as $1,000 SGD. This makes it accessible to those who are just starting out and don’t have a large amount of capital to invest.
Educational Resources
StashAway also offers a variety of educational resources through its StashAway Academy. This includes articles, videos, and webinars that cover a range of investing topics. These resources are designed to help beginners understand the basics of investing and make informed decisions about their investments.
Minimum Investment and Accessibility
With a low minimum investment of $1,000 SGD, StashAway is accessible to beginner investors who may not have a lot of capital to invest. Additionally, StashAway’s platform is user-friendly and easy to navigate, making it easy for beginners to get started with investing.
Overall, StashAway is a great option for beginners looking to start investing. With its low minimum investment, educational resources, and user-friendly platform, it’s a great way to start building your investment portfolio.
Financial Operations
StashAway offers a seamless financial operations process, allowing you to deposit and withdraw funds, make transfers, and conduct forex transactions with ease. Here are some of the key features of their financial operations:
Deposits and Withdrawals
StashAway allows you to deposit funds into your account via bank transfer. You can also withdraw funds from your account at any time, and the money will be transferred back to your linked bank account within 2-3 business days. There are no fees for deposits or withdrawals, making it easy to manage your funds without worrying about additional costs.
Transfers and Forex Transactions
StashAway allows you to transfer funds between your StashAway accounts, as well as conduct forex transactions. If you have multiple StashAway accounts in different currencies, you can easily transfer funds between them without any additional fees. Additionally, StashAway offers competitive forex rates, allowing you to conduct transactions at a low cost.
Overall, StashAway’s financial operations make it easy to manage your investments and funds. With no fees for deposits or withdrawals and competitive forex rates, you can rest assured that your money is in good hands.
StashAway and Regulatory Compliance
If you’re considering investing your cash or SRS funds with StashAway, you’re probably wondering whether it’s a safe and secure investment platform. The good news is that StashAway is licensed and regulated by the Monetary Authority of Singapore (MAS), which means that it is subject to strict regulatory requirements to ensure that it operates in a fair and transparent manner.
Licensing and Regulation
StashAway is licensed as a Registered Fund Management Company (RFMC) by the MAS, which means that it is authorized to manage and market collective investment schemes (CIS) in Singapore. This license is only granted to companies that meet strict criteria, such as having a minimum paid-up capital of S$250,000, a fit and proper board of directors, and adequate risk management systems in place.
Security and Trust
StashAway takes security and trust seriously, and has implemented a range of measures to protect your investments and personal information. For example, it uses bank-level security to encrypt your data and transactions, and stores your assets with a third-party custodian to ensure that they are safe and secure.
In addition, StashAway has a strong track record of performance and has been recognized by industry experts for its innovative approach to investing. For example, it was named “Robo-Advisor of the Year” at the 2021 Asia Asset Management Awards, and has received positive reviews from a range of sources, including SingSaver, MoneySmart, and MoneyKinetics.
Overall, if you’re looking for a reliable and trustworthy investment platform in Singapore, StashAway is definitely worth considering. With its strong regulatory compliance, innovative investment approach, and excellent track record of performance, it’s a great choice for anyone looking to invest in the Singapore market.
Disclaimer: The information provided in this section is for educational purposes only and should not be construed as financial advice. The author and content provider are not responsible for any investment decisions made based on the information provided in this section.
The Future of Investing with StashAway
As you look to the future of investing with StashAway, you can expect continued growth and success. The platform has been a leader in the robo-advisory space since its inception, and it shows no signs of slowing down.
Market Trends and Projections
Economic trends suggest that the demand for robo-advisory services will continue to grow in Singapore and beyond. In fact, a report by Accenture found that the total assets under management by robo-advisors in Asia-Pacific are expected to reach $500 billion by 2025. This is a clear indication that investors are increasingly turning to digital platforms for their investment needs.
StashAway is well-positioned to benefit from this trend. With its user-friendly interface, low fees, and diverse range of investment portfolios, it has already attracted a large and loyal customer base. As more investors discover the benefits of robo-advisory services, StashAway is likely to see even greater growth in the years to come.
Healthcare Innovation and Consumer Tech
StashAway is also poised to benefit from emerging trends in healthcare innovation and consumer tech. As the world becomes more digital and interconnected, there is a growing demand for investment opportunities that reflect these changes. StashAway has already taken steps to meet this demand, with its investment portfolios that focus on themes such as healthcare innovation and consumer tech.
By investing in these themes, StashAway is helping its customers capitalise on the potential of these industries. Healthcare innovation, for example, is a rapidly growing sector that is expected to be worth $8.7 trillion by 2025. By investing in companies that are at the forefront of this trend, StashAway is giving its customers the opportunity to benefit from this growth.
Overall, the future looks bright for investors who choose to invest with StashAway. With its focus on user experience, low fees, and innovative investment portfolios, it is well-positioned to continue leading the way in the robo-advisory space. Whether you are a seasoned investor or just getting started, StashAway is an exciting option that is worth considering.
Conclusion
Congratulations! You’ve made it to the end of this article on StashAway investments in Singapore. By now, you should have a good understanding of what StashAway is, how it works, and the pros and cons of using this platform to invest your money.
If you’re looking for a low-effort, beginner-friendly way to invest your money in a diversified portfolio of ETFs, StashAway might be just what you need. With no minimum investment requirement and a management fee that is competitive with other robo-advisors in the market, StashAway is a great option for those who are just starting out with investing.
One of the key benefits of using StashAway is the personalised investment portfolios that are created for each user based on their individual risk tolerance. This means that you can be confident that the investments you make through StashAway are tailored to your specific needs and goals.
However, it’s important to keep in mind that investing always carries some level of risk, and past performance is not a guarantee of future results. While StashAway’s portfolios are designed to be diversified and minimise risk, there is always a chance that you could lose money.
Overall, if you’re looking for a simple and straightforward way to invest your money in a diversified portfolio of ETFs, StashAway is definitely worth considering. With its low fees, personalised investment portfolios, and user-friendly platform, StashAway is a great option for beginners and experienced investors alike.
Frequently Asked Questions
What are the potential returns when investing with StashAway?
StashAway’s investment strategy is designed to provide long-term returns that are higher than traditional savings accounts or fixed deposits. The potential returns vary based on the risk level of your portfolio. StashAway offers six risk levels, from the lowest risk level of 6% to the highest risk level of 38%. According to their website, the average annualized returns for their portfolios range from 4.4% to 18.8%, depending on the risk level.
How does StashAway ensure the safety of my investments?
StashAway takes several measures to ensure the safety of your investments. Firstly, they use custodian accounts to hold your investments. This means that your investments are held separately from StashAway’s own assets. Secondly, StashAway uses advanced security measures to protect your personal and financial information. Lastly, StashAway is regulated by the Monetary Authority of Singapore (MAS), which means they must adhere to strict rules and regulations to protect investors.
Can you trust StashAway with your money according to Trustpilot reviews?
According to Trustpilot reviews, StashAway has an “Excellent” rating, with a score of 4.6 out of 5 based on over 1,000 reviews. Many users praise StashAway’s user-friendly platform, low fees, and transparent investment strategy. However, it is important to note that reviews on Trustpilot may not be entirely representative of all users’ experiences.
In the event of StashAway winding up, what protections are in place for investors?
In the unlikely event that StashAway were to wind up, your investments would be protected by the Securities Investors’ Protection Act (SIPA). This means that your investments with StashAway would be covered up to S$50,000 per investor, per firm. However, it is important to note that SIPA does not cover losses due to market fluctuations or investment risks.
How does StashAway compare to other robo-advisors in Singapore?
StashAway is one of the first robo-advisors in Singapore and has a strong reputation in the market. However, there are several other robo-advisors in Singapore that offer similar services, such as Syfe and Endowus. Each platform has its own unique features and fees, so it is important to compare them before making a decision.
What are the latest enhancements to StashAway’s investment strategy for the current year?
StashAway regularly updates their investment strategy to adapt to changing market conditions. In 2022, StashAway introduced a new feature called “Thematic Investing,” which allows investors to invest in specific themes, such as renewable energy or artificial intelligence. StashAway also introduced new portfolios that are tailored to specific investment goals, such as retirement or education planning.
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