Why is the recommended holding period for Simple Plus at least 12 months?

StashAway’s investment team simultaneously aims to provide you with the best rate possible and protect your portfolio’s downside. And in the case of Simple Plus, it means keeping your cash in the portfolio for at least 12 months. 

We recommend this because the yields of some of the underlying funds of Simple Plus are sensitive to daily market movements, and so it’s possible that the yield could fluctuate at any time. To reap the full benefit of the rate and keep your risk in check, we therefore recommend to keep your cash for at least 12 months.