Usually 2-3 business days.

Reach their account consider fast, just take time to convert to USD and invest.

For my case (Check on transactions tab):

10th June
Deposit fund

11th June
Received on SA

17th June
Conversion + buy order

Low risk portfolios have the risk of losing purchasing power due to ongoing QE. Purchasing power drop doesn't show up in the numbers.

Even without the transparent AUM figures given by SA, lets just say in the event SA goes bust, our money is still safe right since its held and safeguarded separately by trustee?

So still kinda safe to invest up to 6 figures? Ofcourse i am not there yet but hopefully to reach there in the long term.

Just did abit of a browsing ...

Is the return much much better than current MY FD?

How do we transfer funds over? I don’t see any such column...

Hey man, i actually looked into this extensively and below are my main issues with using eToro to replace StashAway:

i) There is a USD500 (RM2,000+) minimum transaction to purchase ETF on eToro. This is an issue for me who only DCA small amounts every month. A workaround would be to just put in StashAway first then once accumulate to RM2000+, dump into eToro. Also, I heard this can be fixed by changing your eToro account affiliation to CySEC. Originally ours under Australia. By switching to CySEC, the minimum to purchase ETF goes down to just USD50 per transaction.

ii) With the USD500 minimum transaction for ETF, you might have issues trying to mimic the StashAway ETF holdings. Depending on the size of your fund, you may have to just pick one ETF and just go all in like the VOO. It's not a bad idea since VOO is already very diversified. Just saying it's not too feasible to 100% copy StashAway.

iii) eToro (like Trading212, IBKR, TD Ameritrade, or any international brokers) is not recognized by Securities Commission M'sia. I (personally) won't be able to sleep soundly at night if I had RM50k - 100k sitting in unrecognized brokers (by Malaysia). I read in other forums that some of their in/out transfers from/to Malaysia to these brokers experience kickbacks from the banks. For eToro, they bypass this by creating local "dummy" accounts to allow you to transfer money locally. Not very comfortable with that.

That said, I am still actively looking for StashAway replacements. Once my investment reaches a respectable value, the fees are really going to hurt. For now, I am looking at locally recognized brokers like Hong Leong e-Broking. The fees are definitely higher than eToro but if ever comes a day when my investments goes up to 6 digit, the fees are actually very insignificant and a lot less than StashAway. Local brokers charge you when you purchase funds and receive dividends but StashAway continuously charges you every month/year based on how much you hold. Most importantly, I think I will be able to sleep soundly knowing my funds are in an SC-recognized broker.

Anyone else feel free to chip in. I may have missed something in my findings. But this answer is really based on personal preference. A lot of people actually don't mind holding their funds in International Brokers. In fact some might argue it is safer to hold them there than in a Malaysian broker. But to each their own.

Got these from their website on stashaway simple FAQ;

"This is an investment, so there is a level of risk, but it’s incredibly low. The StashAway Risk Index for StashAway Simple™ is 1.8%. That means you have a 99% chance of not losing more than 1.8% of your AUM in a given year"

"StashAway Simple™ projected returns are the sum of the amortised yield from the underlying fund, minus fees charged by the underlying fund managers, plus any rebates."

I get the gist of how it works but when I read all these, my brain scrambled dy. What's AUM, amortised yield and does it matter, or at least how would it affect me?

ARK can buy from FSM. You can buy different currency hedge or MYR

https://the-ken.com/sea/story/stashaways-qu...o-advisor-code/

Good detailed article on state of robo-advisor industry and Stashaway's plans. Need an account to read but it's free to register.

This has been discussed before already in this thread but basically roboadvisers need a very high AUM to be profitable, upwards and around $10b AUM, (Stashaway only just crossed $1b AUM).

Upside is that apparently customer acquisition costs are lower and people tend to have more cash holdings in our region vs the West, so Stashaway is more confident they can make it here.

Also, part of the reason I've withdrawn from MyTheo and consolidated into Stashaway. I don't see MyTheo making it if combined with Japan, they only have less than $1b in AUM. I think Stashaway is moving in the right direction, growing into other regions like MENA, think they have a higher chance of succeeding.
P/S: In the article, it's mentioned SA's margin is 0.4%, so $4mln in revenue for $1b AUM - that's really not a lot and definitely why they still need investor cash to continue to grow/operate. Big backers like Fidelity and some strong funding rounds to-date though, so should be all good.

Yeah, think you're right, it could be more for US roboadvisors who also have a lower fee structure overall. In this and other article, they did say generally that they have strong unit economics and healthy cash holdings, so yeah, I think SA should do alright.

In Singapore, traditional banks have started offering roboadvisor-type products too though. Interested to see if Malaysian banks will follow suit - but they may not wanna cannibalize their own business.

hi, SA sifus or those who happened to have some idea....

if i wanted to invest based on the regions/sectors.....
like for example
Greater China 30%
Asia Pac region 20%
US 25%
Tech 10%
Gold 10%
etc. 5%

can i do that with SA?
SA risk index can interrelates to the regions by %? 
any idea where can see or compute that?

yes, thanks for telling.
i understand that the ETF in each RI is preselected by SA...

can i see the by region basis based on the RI? (even if SA preselected them)

will have to compute by myself then. 
where can i see the composition of ETFs in a particular RI in this site?
https://www.stashaway.my/faq/115001181288-investments/

I hate Freddy. He even invited kraneshares CIO on his fucking show to talk how good china is bla bla bla bullshit.

From now on, I will just keep, not going to cut loss.

If I were Freddy, I would remain allocation to kraneshares and invest more in US.

Freddy and team looking so fucking stupid right now.