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> StashAway MY, New instrument for Malaysian?

[Ancient]-XinG-
post Aug 9 2018, 09:33 PM, updated 2w ago

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StashAway is coming to Malaysia soon.

Via - stashaway.my

Robo-advisor for injecting to ETF.
Previous Stashaway (SA) started on Singapore (SG).

Any ideas or any experience on similar instrument?
Compared to peers Autowealth and Smartly.

Review on Seedly is 4.5 stars.

Details aren't clear on their official web yet.

This post has been edited by [Ancient]-XinG-: Aug 9 2018, 09:34 PM
Ramjade
post Aug 9 2018, 09:42 PM

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QUOTE(Ancient-XinG- @ Aug 9 2018, 09:33 PM)
StashAway is coming to Malaysia soon.

Via - stashaway.my

Robo-advisor for injecting to ETF.
Previous Stashaway (SA) started on Singapore (SG).

Any ideas or any experience on similar instrument?
Compared to peers Autowealth and Smartly.

Review on Seedly is 4.5 stars.

Details aren't clear on their official web yet.
*
ehwee, ganaesan

Don't worry. I can tell you that Malaysians will never get the good stuff as the SG counter parts.
Reason: our laws kind of make us kind of anti ETFs. whistling.gif

Smartly last time already mentioned that local laws forbid something to do with ETF. Not to mention Malaysia is still anti forex so biggrin.gif biggrin.gif
[Ancient]-XinG-
post Aug 9 2018, 09:45 PM

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QUOTE(Ramjade @ Aug 9 2018, 09:42 PM)
ehwee, ganaesan

Don't worry. I can tell you that Malaysians will never get the good stuff as the SG counter parts.
Reason: our laws kind of make us kind of anti ETFs.  whistling.gif

Smartly last time already mentioned that local laws forbid something to do with ETF. Not to mention Malaysia is still anti forex so  biggrin.gif  biggrin.gif
*
Agree.
Last time saw edge got news (0318) said smarlty will likely to come Malaysia. end up nothing.

This post has been edited by [Ancient]-XinG-: Aug 9 2018, 09:46 PM
ehwee
post Aug 9 2018, 10:02 PM

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Thanks Ramjade for tagging me for this.

Have anyone sign up for the waiting list on Slashaway facebook ads?

It should be ready to launch as they already advertise.
ehwee
post Aug 9 2018, 10:05 PM

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Their website stated the service charge is 0.2-0.8% pa
[Ancient]-XinG-
post Aug 9 2018, 10:06 PM

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the ETF they trying to enter is our own local counters or foreign?
ganaesan
post Aug 9 2018, 10:39 PM

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QUOTE(Ramjade @ Aug 9 2018, 09:42 PM)
ehwee, ganaesan

Don't worry. I can tell you that Malaysians will never get the good stuff as the SG counter parts.
Reason: our laws kind of make us kind of anti ETFs.  whistling.gif

Smartly last time already mentioned that local laws forbid something to do with ETF. Not to mention Malaysia is still anti forex so  biggrin.gif  biggrin.gif
*
Thanx for the tag bro.. probably what you say is correct.. too much rigidity set by security commission of Malaysia..
roarus
post Aug 9 2018, 10:44 PM

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I signed up for the waiting list last week, other than welcome email so far no exclusive info yet
ganaesan
post Aug 9 2018, 10:52 PM

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There is another company called fly... something (unsure correct name) from India also applied for SC license..

Looks like more company venturing into Malaysia coz got potential untapped market
ganaesan
post Aug 9 2018, 10:56 PM

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QUOTE(ehwee @ Aug 9 2018, 10:05 PM)
Their website stated the service charge is 0.2-0.8% pa
*
Yea. The more you invest the cheaper the charges... I saw a table which reads investment amount less than $25k the charges is 0.8%. Thts Singapore rate

Maybe the same for Malaysian market..

Can FSM compete?

This post has been edited by ganaesan: Aug 9 2018, 10:58 PM
ehwee
post Aug 9 2018, 11:06 PM

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QUOTE(ganaesan @ Aug 9 2018, 10:56 PM)
Yea. The more you invest the cheaper the charges... I saw a table which reads investment amount less than $25k the charges is 0.8%. Thts Singapore rate

Maybe the same for Malaysian market..

Can FSM compete?
*
Still depend on what index etf they gonna offer, if klce index not so attractive, if sgx......hmm will it have better performance than fsm funds returns in long run?
[Ancient]-XinG-
post Aug 10 2018, 07:18 AM

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yea... hope this give a good healthy competitions for the field. till now no clear news about it also. just say they going to launch here.

people already started to fed up with fsm managed port. they perf badly compared to the benchmark.

it's bad market but why they choose to switch so frequently that almost deviate the objective of UT?

if a 1 time fee for SA really max cap at .8% I would say fsm shall wake up.
Ramjade
post Aug 10 2018, 07:41 AM

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QUOTE(Ancient-XinG- @ Aug 9 2018, 10:06 PM)
the ETF they trying to enter is our own local counters or foreign?
*
If they can give Malaysians foreign ETF is worth signing up.

QUOTE(ganaesan @ Aug 9 2018, 10:56 PM)
Yea. The more you invest the cheaper the charges... I saw a table which reads investment amount less than $25k the charges is 0.8%. Thts Singapore rate

Maybe the same for Malaysian market..

Can FSM compete?
*
Won't. Malaysian will be charged higher due to the nature of our RM.

CAN FSM compete? Unlikely.

QUOTE(Ancient-XinG- @ Aug 10 2018, 07:18 AM)
yea... hope this give a good healthy competitions for the field. till now no clear news about it also. just say they going to launch here.

people already started to fed up with fsm managed port. they perf badly compared to the benchmark.

it's bad market but why they choose to switch so frequently that almost deviate the objective of UT?

if a 1 time fee for SA really max cap at .8% I would say fsm shall wake up.
*
Not one time bro. Recurring yearly fees like FSM managed portfolio.

If really they giving Malaysians access to overseas ETF, then local fund manager need to work harder already.
[Ancient]-XinG-
post Aug 10 2018, 08:15 AM

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I hope they really give foreign etf....

yearly fee .8 only is ok...

if like FSM for enterence fees + yearly fees cannot lo. even .8 + .8 only 1.6 still lesser than fsm....

and etf also diff from ut

hope they really give Malaysian a chance. lol
55665566
post Aug 10 2018, 08:26 AM

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Using SG Autowealth, heard the return is the best among 3 top robo in SG
SwarmTroll
post Aug 10 2018, 08:57 AM

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Malaysian ETF's not really comparable to most foreign ETF's?
Cactus89
post Aug 10 2018, 09:37 AM

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in a long run it is more exp than FSM managed portfolio, due to higher annual fees... In terms of result I would expect it is a failure if it couldn't managed to beat Asx. So far FSM has failed badly.. Losing to Risk free and 0% charge asx by miles..
[Ancient]-XinG-
post Aug 10 2018, 09:51 AM

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QUOTE(Cactus89 @ Aug 10 2018, 09:37 AM)
in a long run it is more exp than FSM managed portfolio, due to higher annual fees... In terms of result I would expect it is a failure if it couldn't managed to beat Asx. So far FSM has failed badly.. Losing to Risk free and 0% charge asx by miles..
*
LOL. I know rite....

But you see how I kena in that thread. Say I am not calm enough... No long time to let fsm team to prove them la... I macam don't like fsm as before already.
Because what I see is numbers, benchmark. yes, of they don't promised we will earn in any condition, but what they picked is so bad. they never do peers comparison? Same country but the peer fund perf better.... this is fact. And the stars rating, they glorified asia pac, cn etc but say being neutral on US EU. So fast u turn. heavy on US and EU....
the managed port performed badly to the benchmark, and yet they say no time to prove in this volatile period. than what's the benchmark for? decoration? I actually never expect them to surpass the benchmark by miles in this volatile period, but at least la hold the principal of what the fsm team usually preach for.
As we discuss today. the mod aggressive port already leave united global and go into franklin and ta euro.... its not even 4 months in holding 1 fund.

where is the principle? in the article they keep say don't deviate from the objective, which is 3-5 years bla bla bla… look at what they do!

And what the best part is when we email the so called client investment specialist and asking what is the current wave and what to do to avoid massive loss. The ykeep mentioning hold hold hold because fundamental is good. And then ask them why the managed port keep switching like nobody business, and they say this is to react to the market.

WTF?

Just hoe this SA don't follow the footsteps of FSM.
[Ancient]-XinG-
post Aug 10 2018, 09:54 AM

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QUOTE(55665566 @ Aug 10 2018, 08:26 AM)
Using SG Autowealth, heard the return is the best among 3 top robo in SG
*
Using? Heard?

So are you using it? Or heard but not using?
ehwee
post Aug 10 2018, 10:45 AM

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QUOTE(Ancient-XinG- @ Aug 10 2018, 09:51 AM)
LOL. I know rite....

But you see how I kena in that thread. Say I am not calm enough... No long time to let fsm team to prove them la... I macam don't like fsm as before already.
Because what I see is numbers, benchmark. yes, of they don't promised we will earn in any condition, but  what they picked is so bad. they never do peers comparison? Same country but the peer fund perf better.... this is fact. And the stars rating, they glorified asia pac, cn etc but say being neutral on US EU. So fast u turn. heavy on US and EU....
the managed port performed badly to the benchmark, and yet they say no time to prove in this volatile period. than what's the benchmark for? decoration? I actually never expect them to surpass the benchmark by miles in this volatile period, but at least la hold the principal of what the fsm team usually preach for.
As we discuss today. the mod aggressive port already leave united global and go into franklin and ta euro.... its not even 4 months in holding 1 fund.

where is the principle? in the article they keep say don't deviate from the objective, which is 3-5 years bla bla bla… look at what they do!

And what the best part is when we email the so called client investment specialist and asking what is the current wave and what to do to avoid massive loss. The ykeep mentioning hold hold hold because fundamental is good. And then ask them why the managed port keep switching like nobody business, and they say this is to react to the market.

WTF?

Just hoe this SA don't follow the footsteps of FSM.
*
I actually agree with you, ha.

I didn't buy into their management fund till now as I didn't convinced enough by their fund management strategy and result as you said

Even the fund managed by layman like ourselves is out perform them currently

Some more with the under performance status we still need to pay their management subscription fee

This post has been edited by ehwee: Aug 10 2018, 10:46 AM

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