lol guys, I agree it sounds shady. But actually just wanted to share with the individual about a youtube video I made explaining about StashAway Simple, and didn't think it was appropriated to sound my horn or advertise my videos here in this forum. That's all 

Ok, i thought he was asking about SA generally, tbh i dont see why anyone want to use only SA simple when the underlying fund easily accesible by the masses. Unless it is temporary before eventually transferred into the investment portfolio

Once your friend deposits money into any StashAway portfolio, you each get up to RM30,000 managed for free for 6 months.

Is totally free for 6 months. Maybe you can post your screenshot here.

Let us know what you see under your Active promotions.

If you're using Web App
To verify, kindly log in to your account click your name on the top right corner > go to "Settings" > and you will be able to view the voucher under "Active promotions".


If you're using Mobile App
To verify, kindly log in to your account> click on "More" on the bottom right-hand corner > go to "Promotions".

your promote code get from the blogger who help SA to promote, therefore got 50% discount on fee for investment up to RM 100K (good for huge amount investor)

While our referral code is 100% free for investment up to RM 30k only.

PM'ed you.

Your current promo code has been running close to a month right?
Can still switch now?

Distribution declared for Eastspring Investments Islamic Income Fund:

Date	Fund Name	Gross Income Distribution Rate	Net Income Distribution Rate	Ex Date
Aug 3, 2020	Eastspring Investments Islamic Income Fund	MYR 0.0009 per unit	MYR 0.0009 per unit	Aug 6, 2020

wow, didn't know wiped off. managed to withdrew all 2 weeks ago to invest in another platform averaging 7% a month

So uncle get back more or less money after the forex exchange?

From their email dated 26th August 2020:

From 1 September 2020 onwards, StashAway Simple™‘s projected rate will be 1.4% p.a.

Why it changed
As many of you know all too well, the world is facing uncertain economic times. To stimulate the economy, global central banks keep lowering interest rates. Although this is great news for people looking to borrow money, the lower interest rates also make it more difficult to earn rates on cash.

After continued analysis of the economy and central banks’ decisions, our investment team believes that interest rates likely won’t go back up for the foreseeable future, meaning the underlying funds will be earning less. Given the lower interest rates around the world, the projected rate that we expect StashAway Simple™ to deliver is 1.4% p.a., and that rate will be effective starting September 2020.

You may have noticed that the 1.9% p.a. wasn’t being earned by the funds alone recently. So, instead of lowering the rate a few months ago when the funds weren’t performing as well, we added a rebate to bridge the difference between the projected rate and the actual rate. This is part of our promise of complete transparency to you: We haven’t, and we won’t, communicate a projected rate that we don’t expect to deliver. We also don’t offer a range that you might expect, because we simply aim to give you what we tell you.

Now, you might be asking, “Why doesn’t StashAway just invest in different funds to earn a better rate instead of now offering a lower rate?”

The answer is simple (no pun intended):
We fundamentally believe that cash management should simultaneously serve two equal purposes: First, it should keep your cash away from risk; and second, it should grow your cash. In other words, we don't believe in increasing your risk exposure just to grow your cash by a few more basis points, as that would compromise one of the two core principles of cash management. That’s why, for instance, StashAway Simple™ isn’t made up of Fixed Income funds with “variable NAV”, but only selects funds with “stable NAV” pricing. Anything with a floating NAV is not a suitable cash management option, but rather more suitable for medium and long-term investments.

You also might be asking, “Why doesn’t StashAway keep offering a rebate to maintain the 1.9% p.a.?”

Recently, the interest rates have become lower, meaning the rebate would have to be too large for us to sustain. While this product is free to you, we also don’t earn any money on this product. Any rebate we receive from the underlying fund managers is fully reimbursed to you.

guys .. ive been investing SAsince early this year didnt deposit monthly but every now and then .. once in a while i will open the app to have a look at my invested value

any idea why somedays when i have a look the amount is lesser than what i invested and some days its more than the invested amount?

risk index is 22% btw

A refer B. B put money in simple.

A get another 6 months free or not?