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.

the ETF they trying to enter is our own local counters or foreign?

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?

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.

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.

Malaysian ETF's not really comparable to most foreign ETF's?

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..

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

Actually robo had been in Malaysia quite sometimes already
https://www.salaamgateway.com/en/story/robo...08082017055055/

But you see.. No publicity at all, nobody knows about it.

So to venture to ETF better invest in foreign ones? FSM is all local ones right? Is there a local platform that does foreign ETFs?

hmm... so far we never know whether SA let his customers invent lopcal etf or the foreign etf

Recently announce STASH and cannot invest into yet, so fast 20+ comments already.
ETF are generally stable portfolio so not much need to pay 0.8% annual fees (if it is annual)

In SG, read that AW account required min 3k to open. Whereas, SA and Smartly much lower entry requirement.

Thinking to open one at SG and start DCA, any advice from side here?

but the edge report SA already processing the licence with SC wor…

Hmm.. market like this UT n KLCI also down

Whats your take on this? The latest port they still very heavy on EQ.

No one seems stopping. This is worrying.

MY can't invest during MY holiday even though the US market is available open to invest

what is the exact differences to park under them as right now and if they are PRS?

curious to know

Oh that would be a good idea man. Actually, i don't mind putting my long term money for PRS under just any S&P 500 etf.

PRS Tax Relief

it seems like the tax relief only until 2021?

They actually have that in Singapore under SRS scheme. But yea the tax relief only lasts until 2021, sad life.