What are the fees associated with StashAway?
The annual management fee is calculated as a percentage of the total assets under management, ranging from 0.2% - 0.8%, and is charged monthly on a pro-rata basis. i.e if you invested on the 15th of a particular month, we will not charge you for the first 15 days.
The other fee included is the low fee associated with the ETFs, averaging 0.15% - 0.25%.
Additionally, for non-USD deposits to USD portfolios, our vendor will apply the current interbank rates for all currency conversions of 0.07% on top of the transaction amount to convert the funds to USD, ensuring the lowest cost possible.
Unlike most traditional financial managers, we do not (and never will) charge for withdrawals or account closures. More details on how StashAway can charge low fees can be found here.