Invest your way with Flexible Portfolios

With Flexible Portfolios, you get the freedom to customize portfolios the way you want. You can choose which asset classes to include and adjust their allocations according to your preferences. You’ll also be able to create a portfolio from scratch or start with one of our standard, template portfolios. What’s more? You can edit your Flexible Portfolio anytime, even after it has been created and funded!

Flexible Portfolio templates allow you to customise your portfolio from a pre-built template curated by our investment team. We currently offer 3 different templates: Risk-focused, Passive Income, and World Index Tracking. Whichever template you chose, you can decide which assets to include or remove, and adjust their allocations according to your preferences

Flexible Portfolio templates allow you to customise your portfolio from a pre-built template curated by our investment team. We currently offer 3 different templates: Risk-focused, Passive Income, and World Index Tracking. Whichever template you chose, you can decide which assets to include or remove, and adjust their allocations according to your preferences

The Passive Income template offers a 99% exposure to a variety of bond assets. This template may suit you if you’d like to create an additional income stream. You can choose from 2 risk levels that offer different risk-reward ratios. Do note that if you decide to make changes to your template portfolio, your overall portfolio risk might change too

Tracking market indexes is a popular method of long-term wealth accumulation, since they typically cover a broad range of diversified assets. For instance, global market indexes provide investment exposure to the whole world, reducing the impact of volatility from being overexposed to one region or industry. The World Index Tracking template offers 3 different Risk Levels.

Yes, we’ll rebalance templates just like any other Flexible portfolio. Rebalancing a portfolio involves maintaining the target allocation that you set. We rebalance your portfolios because market movements can affect the price of assets, which in turn affects their proportions within your portfolio.

No, we won’t reoptimise your templates, just like any other Flexible Portfolio.. Reoptimisation refers to the changes we make to other portfolios managed by us, in order to keep our clients’ risk profile constant during shifts in economic conditions. When this happens, we may introduce new ETFs or change the weightage of existing ETFs in our clients’ asset allocation.

Yes, there’s no limit to how many template portfolios you can have.

Our annual management fee for Flexible Portfolios ranges between 0.2% and 0.8% p.a. There's no minimum investment amount and no subscription fees, switching fees, nor rebalancing fees. Learn more about our pricing .

You can also get free investing until 30 June 2023 on any fresh funds deposited into Flexible Portfolios with our launch promotion .

We manage your portfolio by always maintaining your asset allocations according to the proportions you set. We’ll also notify you if there are any major changes to your Flexible Portfolio’s Risk Level. This means we won’t re-optimise your Flexible Portfolios on your behalf when market conditions change.

We do this by maintaining the target allocations set by you. When market changes influence the asset allocation of your portfolio, we will re-align it to its target proportion (weightage) by buying and/or selling specific assets. Your portfolio is also rebalanced when you make a deposit, request a partial withdrawal or make a change in the allocations within your portfolio. Rebalancing is important, even if the asset class is performing well because it allows an investor to stay on target with his or her original investing strategy.

No. Flexible Portfolios will not be re-optimised by StashAway, so we’ll maintain your asset classes and allocations in the proportions you set them even if there are changes in economic conditions. However, the underlying individual ETFs within each asset class may be subject to being replaced by more cost-efficient or preferable funds in the market.

Your Flexible Portfolios will be rebalanced by us, but will not be re-optimised when economic conditions change. 

• Rebalancing a portfolio involves maintaining the target allocation set by you. This is done because market movements affect the price of assets, which in turn affects their proportions within your portfolio.
  
• Re-optimisation refers to the changes we make to other portfolios managed by us, in order to keep our clients’ risk profile constant during shifts in economic conditions. When this happens, we may introduce new ETFs or change the weightage of existing ETFs in your asset allocation.

We choose the largest, most liquid, most tradable, and most cost-effective ETFs with the lowest tracking error to their indexes, and those with a sufficiently long track record. 

We choose simple ETFs, which means they have no leverage or complex payoffs, and have no ETNs to avoid credit risk of issuers. You can find our fund selection criteria here .

The underlying ETFs within each asset class may change. Our investment team carefully selects each individual ETF, and they may be replaced by more cost-efficient or preferable funds in the market.

We keep at least 1% of your assets in cash for rebalancing and your platform fees.

It's really up to you! You can create as many Flexible Portfolios as you want depending on your needs and preferences.

1% is the minimum.

There’s no minimum amount to start investing with Flexible Portfolios.

Our annual management fee for Flexible Portfolios ranges between 0.2% p.a. and 0.8% p.a.

However, for a Single ETF Flexible Portfolio, the management fee remains at 0.3% p.a. 

There's no minimum investment amount and no subscription, switching, or rebalancing fees. Learn more about our pricing.

With our launch promotion, you’ll get free investing until 30 June 2023 on any fresh funds deposited into Flexible Portfolios. Here are the Terms and Conditions for the promotion:

• There is no voucher code to be applied for this promotion.
• The management fee waiver is valid until 30 June 2023 on any new deposits made into Flexible Portfolios.
• The promotion applies to all new deposits made until 30 June 2023 across any Flexible Portfolios created.
• The promotion is not valid on transfers into Flexible Portfolios from other investment portfolios.
• The promotion will not be valid if funds from other StashAway portfolios are withdrawn to a bank account and then re-deposited into a Flexible Portfolio as fresh funds.
• StashAway reserves the right to make changes to the promotion.

No, however, you may create a new Flexible Portfolio with your desired asset classes, and then transfer the funds from your existing portfolio(s) to the new Flexible Portfolio.

The Risk Level is a measure of risk, expressed as a percentage, whereby in any given year, there is a 99% probability that you won’t lose more than this percentage in terms of the portfolio’s value.

These are the Risk Level brackets for Flexible Portfolios.

• Very Conservative: Up to 7%
• Conservative: 8-13%
• Moderate: 14-19%
• Balanced: 20-25%
• Aggressive: 26-32%
• Very aggressive: 33% and more
  
  

For example, in a worst-case scenario, there's a 99% chance a Balanced portfolio won't lose more than 25% of its value in any given year. Generally, a higher Risk Level percentage denotes a more risky portfolio, and thus should be accompanied with a longer term investment horizon.

We calculate the Risk Level by looking at long-term asset class return and assumptions, and we update these calculations.

Your portfolio's Risk Level could change for one of two reasons: In the case that the quarterly update calculates a new Risk Level, or in the case that our investment team replaces a particular ETF in favour of a similar, more cost-efficient or preferable one in the same asset class.

Yes, to receive the dividends from any of your Flexible Portfolios (including the templates), your portfolio needs to generate a minimum of $120 HKD in dividend payouts on a monthly basis. This means that any amount you earn on your portfolio below the $120 HKD will get automatically reinvested into your portfolio. Do note that payouts are only available to a local Hong Kong bank account. 

Yes, you can get dividend payouts from any of the Flexible Portfolios, including from those built by you or from any of our templates. You simply need to update your payout preference on the mobile app (on your Flexible Portfolio overview screen like in the screenshot below). 

Do note that the payout amount and frequency will depend on which assets you choose to add to your Flexible Portfolio. We also apply a monthly $120 HKD dividend payout minimum.

The image is only for illustrative purposes

The payout amount and schedule will depend on which assets you choose to add to your Flexible Portfolio. If you want to calculate exact earnings, you can follow these steps:

1. Find all available assets under Flexible Portfolios
2. Look for the assets in your portfolio and visit the links to the ETF pages 
3. On the respective ETF pages, look for ETF factsheets - you will find dividend yields and their payout frequencies there. 

Here’s an illustrative example:

Let’s imagine you have two assets in your portfolio: 1% allocation to cash and 99% allocation to iShares Floating Rate Bond ETF

You’ve invested $50,000 HKD into this portfolio. You see that the dividend yield for the ETF is 5.16%, and the payouts are distributed monthly. Your monthly payout distribution would then equal approximately $215 HKD (5.16% x 10,000 divided by 12 months). In this case, because your dividend payout is above the $120 HKD minimum, you can choose to reinvest your earnings or have them transferred to your bank account.  

You simply need to update your payout preference on the mobile app in advance (on your Flexible Portfolio overview screen like in the screenshot below). 

Note that dividend payouts aren’t always distributed every month and amounts may vary as they are determined by the fund managers. As such, you may be above the $120 HKD minimum on certain months and below on others. Also note that payouts are only available to a local Hong Kong bank account.

The image is only for illustrative purposes

Note that dividend payouts aren’t always distributed every month and amounts may vary as they are determined by the fund managers. As such, you may be above the $120 HKD minimum on certain months and below on others. Also note that payouts are only available to a local Hong Kong bank account. 

Yes, you can. To make a transfer between portfolios, follow the steps below:

1) Web Application

On the top right of your screen, click on "Your Name" > select “Withdraw/Transfer” > click to “Want to transfer funds from one portfolio to another” > from there, select which portfolio to transfer from and to and enter the amount > click “Continue” and “Confirm” to complete the transfer.

2) Mobile Application

To make a one-time transfer between portfolios: On the main page, click “Transfer” > Select “One-time transfer” > select which portfolio to transfer from and enter the amount > click “Continue” and “Confirm” to complete the transfer.

To make a recurring transfer between portfolios: On the main page, click “Transfer” > Select “Recurring transfers” > select which portfolio to transfer from and enter the amount > click “Continue” and “Confirm” to complete the transfer.