The minimum balance is required because some investment/securities purchased have high entry coast. For Example: Off the counter (not fundsupermart) 1 Lot of Bond cost RM 250K. Also, there are cost incurred by the manager for maintaining and running the fund.

If the entry fee (or sales charge in the unit trust world) is your concern, just use fundsupermart.

The witholding is on the dividend/income not on the principal. Yout theory works, assuming your investment appreciate in value due to fluctuations in the price and no dividend/income is declared.

Do my dividends get taxed?


However, you need to retain a minium of USD 25 in the account.


The minium amount is alright. The problem I have with it is probably because its traded in USD. IF the USD and your investment decides to take a divide, it's going to be double whammy.

Oh and the 6months celebratory period, not sure when its ending. Can throw RM 100 and see how it grow over time LOL.

Is there a minimum amount I need to invest?

I am not promoting either stashaway or mytheo.

To me both Robo-advisors are still in its infant stage. They have proven nothing and they don't have a historical track record.

We don't really know whether stashaway has done anything. They have not revealed their AUM or the growth or how profitable they are. People might argue that they are new and all but those are the numbers that will tell where the company is at.