We’ll remind you to invest more in order to meet the required minimum of $250,000 SGD. If this minimum is not met within 6 months, you’ll lose access to Reserve, which includes the ability to make new Reserve private market investments.
Note that the required minimum refers to the higher amount of either net deposits or total assets (value of portfolio).
Net Deposits (SGD) | Total Assets (SGD) (Value of Portfolio) | Meets Required Minimum? |
---|
$250,000 | $200,000 | Yes |
$200,000 | $250,000 | Yes |
$240,000 | $240,000 | No |
For example, if you have deposited $250,000 SGD with StashAway, but your total assets drop to $200,000 SGD due to market fluctuations, we would still refer to the higher amount, which is your net deposits.
Similarly, if you have deposited $200,000 SGD, but your total assets have grown to $250,000 SGD, we would refer to the higher amount, which is your total assets (value of portfolio).