11th May 2022 - 2 min read
StashAway investors may soon be able to enjoy greater flexibility in setting up their investment portfolios as the robo-advisor is introducing a new feature called Flexible Portfolios. At present, the feature is in its beta phase, and only selected investors have been invited for early access to it.
In a notice sent to these selected investors, StashAway noted that Flexible Portfolios will allow them various flexibilities that are not achievable via its existing investment offerings. With Flexible Portfolios, you’ll be able to customise your own unique portfolio by adding or removing asset classes, as well as adjusting asset allocations.
StashAway’s current investment offerings – including General/Goal-Based Investing, Thematic Portfolios, and Responsible Investing – do not give you the ability to tailor your portfolio to this degree. Instead, you are only able to select your portfolio based on your risk tolerance (determined through the StashAway Risk Index (SRI)).
Aside from that, Flexible Portfolios will also share a similar fee structure as the other StashAway investment portfolios. The annual management fee ranges between 0.2% p.a. to 0.8% p.a., depending on your investment amount, with no setup, withdrawal, or exit fees.
If you’re one of the lucky ones to gain access to this feature ahead of its official roll-out, there is also a promo offered by StashAway. You’ll get to enjoy free investing until 30 June 2023 for any new deposits that you make into Flexible Portfolios that you create.
While StashAway did not reveal when the Flexible Portfolios feature will be fully launched for all users in Malaysia, we believe it should not take too long. This feature has already been made available for its investors in Singapore.
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