StashAway Simple

[Value.Matrix]

Anyone thought of elastiq (TIQ bu Etiqa)?

 

[MrSinkie95]

DBS Digiportfolio is out

 

[drummex]

I use POEMs and they do put your excess cash in a MMF (Money Market Fund) rather than sitting there doing nothing.

 

[Han Shot First]

I use POEMs and they do put your excess cash in a MMF (Money Market Fund) rather than sitting there doing nothing.

Phillip Money Market Fund's 1 year annual return is 1.3470 % today according to POEMS. So it is lower than StashAway Simple's projected rate of 1.885 %.

 

[commie_rick]

I tot SC eSaver has an interest of 1.95% p.a which is better?

this is correct.
for incremental funds

 

[commie_rick]

i read that theres a fund fee. so after minusing that its no longer 1.9%.

ive auctioned for T bills at 2% yield

 

[tesarise]

i read that theres a fund fee. so after minusing that its no longer 1.9%.

ive auctioned for T bills at 2% yield

Read again. The projected 1.9 is net of fund fees

 

[Han Shot First]

ive auctioned for T bills at 2% yield

Which kind of SGS T-bill gives yield of 2%? 6-month T-bill or 1-year T-bill?

 

[Han Shot First]

What is URL (link) to Terms and Conditions for StashAway Simple account / portfolio? Can't seem to find any T&C.

 

[commie_rick]

Which kind of SGS T-bill gives yield of 2%? 6-month T-bill or 1-year T-bill?

2% based on past auction data. its either one.
today is the closing date

 

[chienwei]

Any feedback is the interest really 1.9% for the past 1 week as per claim?

too short a duration to gauge...

 

[WoShiPro]

Invested small amount with simple and getting interest on Enhanced Liquidity Fund but none on Money Market Mutual Fund yet..

I thought interest is accumulate daily? No email yet on any interest adjustment from stashaway. Nid to continue to monitor if interest is around 1.9%

 

[Han Shot First]

Invested small amount with simple and getting interest on Enhanced Liquidity Fund but none on Money Market Mutual Fund yet..

Does the StashAway Simple account show your balance in SGD dollars or in terms of the number of units bought for each of the 2 underlying unit trusts (or shows both cash and units)?

 

[WoShiPro]

Does the StashAway Simple account show your balance in SGD dollars or in terms of the number of units bought for each of the 2 underlying unit trusts (or shows both cash and units)?

Both cash and units.

 

[Han Shot First]

Both cash and units.

Up to how many decimal places does StashAway Simple quote for the units of each of the 2 underlying unit trusts?

 

[tutonic]

Up to how many decimal places does StashAway Simple quote for the units of each of the 2 underlying unit trusts?

3 decimal place.

 

[Han Shot First]

When one buys a unit trust from a fund distributor or a bank, the units bought are 'recorded / custodised' in a nominee account of the distributor or bank respectively.

Is it the same for cash deposited with StashAway Simple? That is, the units bought (= cash deposited) of the 2 underlying unit trusts are 'recorded / custodised' in a nominee account of the StashAway company?

 

[Brown24]

From 18-Nov till 4-Dec, 1.64%.

 

[Han Shot First]

From 18-Nov till 4-Dec, 1.64%.

Decrease of projected rate? Did StashAway send any message?

 

[assiak71]

1.9% is after rebate, which is credited quarterly right. So in a way there is "lock in" of 3 months to enjoy the full 1.9% p.a.?

Is it because of this