What are the fees associated with StashAway?
The annual management fee is calculated as a percentage of the total assets under management, ranging from 0.2% - 0.8%, and is charged monthly on a pro-rata basis. i.e if you invested on the 15th of a particular month, we will not charge you for the first 15 days.
The fees associated with the expense ratio of the ETF is directly adjusted by the ETF provider in the NAV and StashAway does not manage this charge. ETFs are one of lowest cost instruments for investing. The expense ratio of each ETF is available here (link to https://www.stashaway.sg/r/stashaways-etf-selection)
Additionally, for non-USD deposits to USD portfolios, there will be a currency conversion spread which includes the underlying fee of our FX vendor. This spread remains the lowest compared to banks and brokerages.
Unlike most traditional managers, we do not (and never will) charge for local currency withdrawals or account closures.