StashAway Simple™ is our Singapore Dollar cash management portfolio that is available to both retail and accredited investors with a projected portfolio rate of 3.3% p.a. (nett).
StashAway doesn’t charge any management fees for this portfolio. There is an expense ratio that the fund manager charges and that fee is embedded in the projected rate. The fund manager rebates 50% of the fee to StashAway, and we rebate 100% of it to our customers after 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.