Depends on the market value when the sell order is executed it might be higher or lower on the the day when the sell order is executed
Like I said go check this week rate and you will know because you are investing small sum hence you are not exposed for conversion losses
Yes this after deducting 1% in cash and the missing 0.5% is because forex conversion on the volatility of exchange rate

If you check on your MYR and USD and you will realise the difference in the % of the performance which accounts for it as the range will be 0.12 to 0.5% on depending on the time horizon

Depends on the market value when the sell order is executed it might be higher or lower on the the day when the sell order is executed
Like I said go check this week rate and you will know because you are investing small sum hence you are not exposed for conversion losses
Yes this after deducting 1% in cash and the missing 0.5% is because forex conversion on the volatility of exchange rate

If you check on your MYR and USD and you will realise the difference in the % of the performance which accounts for it as the range will be 0.12 to 0.5% on depending on the time horizon

you said it yourself, that RM411 becomes US$99.28 and I consider that a "small sum".

How do I go check this weeks rates? I mean Sunday, Monday, Tuesday already 3 days. Who's ACTUAL Transaction shows RM411 became US$99.28? Did it actually happen? What is the date, actually? If it happened, yes, perhaps 0.88 % exchange rate is allegedly charged, but again, who actually encountered this?

I have checked through almost my entire portfolio spanning years and have not come up with 1 time when I see any conversion becoming worse than 0.15% and that's because I may be refering to BNM rates, while SA may have referred to some others. In any instance of high or low amount of money converted (3 digit to 4 digit USD) all can be reconciled in USD terms at 0.1% to 0.15%.

Since I don't want to list out my entire transaction records of everything, let me just show the newest one which is rather simple (new portfolio started from 12 April)

DATE TYPE AMOUNT STATUS
27-4-2021 Cash holding  $12.81 
15-Apr-21 Buy order $7.71 
GLD (0.0085 units, Price: $165.39 USD) $1.40 USD
XLY (0.0103 units, Price: $178.07 USD) $1.83 USD
BNDX (0.0033 units, Price: $57.22 USD) $0.19 USD
KWEB (0.0222 units, Price: $74.24 USD) $1.65 USD
XLV (0.0039 units, Price: $120.59 USD) $0.47 USD
XLP (0.0075 units, Price: $69.39 USD) $0.52 USD
IVV (0.004 units, Price: $415.70 USD) $1.65 USD
14-Apr-21 Buy order $82.24 
IVV (0.008 units, Price: $413.51 USD) $3.31 USD
GLD (0.0952 units, Price: $162.64 USD) $15.48 USD
SPEM (0.0985 units, Price: $43.98 USD) $4.33 USD
BNDX (0.0592 units, Price: $57.12 USD) $3.38 USD
IJR (0.1292 units, Price: $110.68 USD) $14.30 USD
KWEB (0.111 units, Price: $75.03 USD) $8.33 USD
XLY (0.0632 units, Price: $178.88 USD) $11.31 USD
XLP (0.1384 units, Price: $68.62 USD) $9.50 USD
XLV (0.1036 units, Price: $118.69 USD) $12.30 USD
13-Apr-21 Buy order $1,122.19 
IVV (0.135 units, Price: $414.92 USD) $56.03 USD
IJR (1.5494 units, Price: $108.63 USD) $168.31 USD
XLP (1.6284 units, Price: $68.99 USD) $112.35 USD
XLV (1.4392 units, Price: $118.37 USD) $170.36 USD
BNDX (0.7936 units, Price: $57.16 USD) $45.36 USD
SPEM (1.2984 units, Price: $43.69 USD) $56.73 USD
XLY (0.9592 units, Price: $178.18 USD) $170.90 USD
KWEB (1.5128 units, Price: $75.20 USD) $113.76 USD
GLD (1.3976 units, Price: $163.42 USD) $228.39 USD
13-Apr-21 Currency conversion $24.95  Rate delta : 0.16%
RM103.30, Actual FX Rate: 0.2415 (Reference BNM rates : 0.2419) 
13-Apr-21 Deposit RM103.30
13-Apr-21 Deposit $1,200.00 

In easy terms: Total deposited USD1224.95, coming from $1200 (transferred from another portfolio) + RM103.30 (Converted at 0.16% loss vs spot rate = $24.95)

Purchased ETF's at 1122.19+82.24+7.71 = $1212.14
Cash retained $12.81
Total deposited = US$1224.95 reconciled.

All adds up. The only conversion is charged at Spot rate - 0.16%

Actually why not ask StashAway CS directly see if the above commentary about 'extra' fees is correct?

I just started joining SA, and my money finally just appeared in my SA account. I transferred 1k, and now it’s showing Rm998.94. Means the Rm1.06 is for?

I just started joining SA, and my money finally just appeared in my SA account. I transferred 1k, and now it’s showing Rm998.94. Means the Rm1.06 is for?

SA works like unit trusts? People manage your funds?

I just started joining SA, and my money finally just appeared in my SA account. I transferred 1k, and now it’s showing Rm998.94. Means the Rm1.06 is for?

Forex exchange and forex fluctuations, and units themselves fluctuates in price.

SA isn't guaranteed nett positive gains unless you wait at least 3 to 4 years

There's forex exchange fee when SA convert to USD, and forex fluctuations, and units themselves fluctuates in price.

SA isn't guaranteed nett positive gains unless you wait at least 3 to 4 years. Even then if market kaput you might dip below your nett deposit amount anyway, as it happened during 2018 trade war crash and March 2020 pandemic crash.

I don’t mind putting in long term, like 3-5 years. Just curious only, I initially thought the Rm1.06 is some kind of service charge. Lol.

Yea it’s meant to be dump and forget. Hehe

man took some time to reflect in the SA account but out of nowhere drop lol

i guess need to be in there for 1 year to see any actual gain

man took some time to reflect in the SA account but out of nowhere drop lol

i guess need to be in there for 1 yearr to see any actual gain

I just started joining SA, and my money finally just appeared in my SA account. I transferred 1k, and now it’s showing Rm998.94. Means the Rm1.06 is for?

That's the characteristic of investing in ETF.
In normal circumstances, it won't lose very much but also won't gain as much as stocks. It just average of hundred or thousand of stocks. Good thing is, the fee is lowest among UT and stocks. And you can sleep well at night.

Risk and return from high to low:
Stocks --> UT --> ETF --> Bonds --> MMF --> FD