What is StashAway Simple?
StashAway Simple™ is our Singapore Dollar cash management portfolio that is available to both retail and accredited investors with projected portfolio rate of 1.9% p.a. (nett).
StashAway doesn’t charge any management fees for this portfolio. There is an expense ratio that Unit Trust managers charge, and that fee is embedded in the projected return.
The Unit Trust manager rebates 50% of the fee they charge to StashAway, and we rebate 100% of it to our customers every quarter. The balance in a Simple portfolio does not get included in the AUM calculation for our management fee for our other investment products.