You are not supposed to hand pick ETFs and these are the ones they found out in backtesting that can keep the returns within your risk profiles.

Now I wished they apply for PRS provider and let us park money under them as PRS.

PRS Tax Relief

it seems like the tax relief only until 2021?

Was wondering if I can now dispose my FSM US equities and move them to stashaway

Cause Stashaway uses ETFs passive , vs fsm active management, which as of now the funds is way below their benchmarks. ETF tracks the index closer and with lower cost.
US TA Tech fund

Any from SG side, is it running?

Yea. Not sure why the sudden delay.

Is it wise testing this with RM 1,000 first and get one month free management fees or is it too small?

Just transferred fund using JomPay to StashAway, fund not reflected immediately unlike other biller.

I don't quite understand how stashaway works.

you put in money into your account, choose which plan you want/how risk averse/long term you are, then they'll kaodim the rest?

What are the returns? What do they invest in? Should I invest in stocks or use stashaway? I'm currently investing in FSM unit trust and ASNB.

That's is not enough... A buy average cost. Current price, amount gain, amount lost, we need number. Not percentage.

But just 3 months old... Is ok.... Huge room to improve.

Thanks for the information, it is most helpful. I am concerned about the exact amount of fees charged by Stashaway due to the impact it may have over long term compounding.

Sharing the reply I got from Stashaway's Whatsapp support:-

how you achieve that.. mind to share tips?

what is this anyway? I deposit the money, then they will invest and give dividend like epf?

But 0.8% is indeed a little bit high.

Let's see what they can offer in the long term.

I remember last time FSM offer 2.0% for UT. After 10 years, they lower down to 1.75.

Who knows SA could follow if they really monopoly in SG and MY?

My interest in information on fees charged by Stashaway is to better inform myself and hopefully others investing with Stashaway. It is not a meant as a criticism against Stashaway, nor am I saying that they are "expensive".

Nevertheless, the answer to what is "cheaper" would ultimately depend on what type of investor you are.

For the sake of discussion, lets assume that the preferred style of investing is passive, the time horizon for the investment is around 30 years before you retire and the choice is between buying and owning the US ETFs directly or investing with a robo advisor like Stashaway.

Stashaway's barrier of entry and upfront costs are indeed much lower than going through the hassle of opening a brokerage account with TD Ameritrade or IB to trade US ETFs. Even though Stashaway is fully transparent in what they are investing in and you can just buy the same exact ETFs in the same proportions if you wish to, it arguably also wins out in terms of time and effort required for currency exchange and getting the transactions done.

However, it is worth noting that Stashaway's 0.8%-0.2% annual fee is charged onto your total assets under management (including any returns earned) and is deducted directly from there monthly. Using the analysis in this Youtube video which compares the fees charged by the US robo advisors (with rates as low as 0.25%) and directly owning a Vanguard ETF, the amount of fees paid over the course of 30 or even 40 years could add up to staggering amounts.

Of course the analysis in the youtube video is not directly applicable to the context of Malaysian investors like us who do not enjoy the same ease of access and low trading fees via vanguard or platforms like robinhood. But even in our context, the amount of fees charged by Stashaway over time would definitely add up to being much more than buying and owning the US ETFs directly, albeit to a lesser degree.

Stashaway has pros and cons. For an investment novice like myself who doesn't have enough capital to maintain a brokerage account with TD Ameritrade or IB, Stashaway is indeed a "Cheaper" choice and may be able to bring better returns that the 4.x% FDs currently available out there.

The short answer is that what is cheaper depends greatly on context.

In the context of a Malaysian investor investing in US ETFs, the upfront cost of Stashaway is indeed way lower than buying ETFs directly due to brokerage and currency exchange fees. However, for purposes of compounding over long periods, expending a larger one-time up front cost to buy the ETF directly may make more financial sense than an annual fee charged on the AUM. Stashaway is only cheaper in the short term but becomes more expensive in the long term. A relatively small difference in the fees charged may also have a significant impact in the long term.

Anyway, since Stashaway does not charge withdrawal fees, we have the option of withdrawing our funds to buy ETFs directly when it makes more financial sense to do so.

Jz changes on graphics. New features yet to come.

No idea. Stated in google play new features are coming. Not sure what and when.