Typical mutual funds sold by local banks charge 1.5% p.a. StashAway actual cost is 0.8% p.a. + 0.3% - 0.5% p.a.by underlying ETF fund managers.

Your friend name Wei Tu Lo. It’s 0.8% + every ETF charge their own fee also.

Despite that, they do charge lower than typical bank mutual funds.

After.

I thought the management fee is 0.8% AUM p/a or something like that?

I THINK if it is gross, then yeah.

I guess we just konpius sendiri xD

Do you guys think with the 0.8% to, lets say realistically lah, 0.5% p/a fee, it would impact the profit too much?

Another aspect is the FX. Although 0.1% conversation fee is not expensive I suppose, but I think we never really looked at the actual FX rate it was converted at. Manatau it was at some crazily unfavourable rate.

I would assume 99.9% of us is on 0.8% tier?

i assume for the 0.8 tier

the total fee would be

0.8% p.a.
+
0.15% - 0.25% p.a. (low fee associated with the ETF)
+
0.1% FX rate

TOTAL = 1.05 ~ 1.15% pa

What are the fees associated with StashAway?

I am ikan bilis, I don’t have enough capital to buy whole shares of those ETFs and cannot justify the brokerage fees, hence StashAway.

Im also ikan bilis and i would say most of us is also ikan bilis, we try to diversify our investment and i believe stashaway is giving us that opportunity.

Performance wise quite good . +12% for me in 3 months. They still have things to improve on such as faster transactions

Yesh

Any other charges? FX?

Edit: Actually, no, would not switch. Would SUPPLEMENT. Just to be clear, this is SPY right?

The answer is pretty obvious