StashAway Robo Advisor Overview

Choosing which financial tool to work with can be challenging for people who’ve finally decided to join the growing list of Malaysians using Robo advisors to manage their portfolios. So that you can have an easier time with this affair, we’ll be giving a brief overview of StashAway, one of the most popular robot advisors in the country here. We can also review other top Robo advisors in Malaysia here.

What To Know About StashAway

This robot advisory, founded in 2017, has acquired more than 20 awards of excellence as a testament to its sterling quality of service. Below are all the noteworthy features of this digital wealth management platform.

A Simple And Streamlined User Interface

The most significant challenge people have to deal with is the complex and unnavigable layouts of platforms. We found the user interface of the StashAway app to be a refreshing deviation from the norm. Not only were we able to see variables like allocation, performance progress, and composition more quickly, but they have extensive and optimized operation speeds.

A Wide Range Of Performance And Funds To Choose From

Variation is the spice of life, and the vast array of options you have to choose from on this platform makes it that much easier for you to hit the ground running. Whether you’re more partial to US stocks in healthcare, communication, technology, and energy or favor Europe equities more, you have ample resources to work with using this Robo advisor. They also branch out to corporate bonds, government bonds, and gold, to mention a few.

The Lowest Rates And Charges

Many investors have realized that a big part of making it in the investment world is finding the right opportunity and minimizing what you spend, capitalizing on it. StashAway helps users do just this by operating a no minimum deposit limit, free withdrawal and deposits, and charging an annual management fee of only 0.8%.

The Choice Of Consulting With Real People

If you’d like to maintain the human element when managing your investment, this Robo advisor gives you the option of connecting and engaging real people as well. Thanks to this, StashAway users can get the perfect balance when customizing their portfolios. An all-around great digital wealth management tool, the only shortcoming we could find with StashAway was that the platform removed the weekly deposit option. Now, you have to make your frequency deposit monthly. Also, even though it shows performance stats, it doesn’t provide enough data, so it’s hard to tell a fund’s monthly, quarterly, and yearly performance.

Conclusion

Ultimately, most investors will be happy with this robot advisor’s considerable comfort and latitude. And, people who like customized investment plans will appreciate its offerings even more.