Short-dated US Treasuries are also known as Treasury bills (T-bills). They're debt securities issued by the US government with a maturity of one year or less, making them highly liquid.

What are short-dated US Treasuries?

Everyone. Since US Treasuries are ultra-low risk and liquid, it’s a great way to grow your cash.
Managing your cash should be part of any financial plan, no matter your net worth and risk tolerance. A low-risk, rate-earning cash management portfolio protects your money from losing too much of its value to inflation. It also protects your money from any sudden market dips just as you might need to withdraw it.

Who is the USD Cash Yield portfolio good for?

US Treasuries are backed by the US government, making them virtually one of the safest investments around. The US government has a long history of meeting its debt obligations since it can pay off its debts by raising taxes or printing more money. The only credit risk would come from the highly unlikely scenario that the US government would default.

How risky are US Treasuries?

We offer USD Cash Yield as part of our Flexible Portfolios offering, which allows you to build and customise your portfolio. You can adjust it any time and make the portfolio unique to your preferences by adding or removing asset classes. For example, you could add exposure to Emerging Markets or local government bonds. It’s free to make any changes, any time you want.

Can I customise my USD Cash Yield portfolio?

There are a few key differences between a classic fixed deposit account at a bank and USD Cash Yield.
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Fixed deposit
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USD Cash Yield
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Description
 
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An account opened at a bank that pays a guaranteed interest rate after a stipulated time period.
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A portfolio that invests into short-term US Treasury Bills. 
 
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The rate
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You lock a guaranteed rate.
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The rate is a projection and moves along with US Treasury Bill rates. 
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Lock-in period
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Varies from 3 to 12 months on average.
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None
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Minimum amount
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Usually requires $20,000+ of new funds to earn preferential interest rate 
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None.
 
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Deposit insurance
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Insured under Hong Kong’s Deposit Protection Scheme for up to $500,000 HKD per depositor per scheme member.
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Uninsured.
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How is the USD Cash Yield portfolio different from fixed deposits?

The returns will reflect in your portfolio daily. You can view your returns on USD Cash Yield’s Portfolio Details page on your app or review your monthly statement (look for a column Total Returns (Incl. Dividends)) for detailed information.

How often will I earn the returns with USD Cash Yield portfolio?

USD Cash Plus invests in short-term US Treasury Bills, which are ultra-low-risk investments. US Treasury Bills are fully backed by the US government, which guarantees that your interest and principal payments will be paid on time. Their short maturities of 1–3 months make them less sensitive to interest rate movements and highly liquid, meaning that they can easily be converted to cash. The only risk associated with USD Cash Yield would come from the highly unlikely scenario that the US government would default.

How is USD Cash Yield ultra-low risk?

StashAway only charges one fee and it’s the management fee, which is calculated as a percentage of your total assets at StashAway. From now till 30 June 2023, the fee has been waived and starting from 1 July 2023 a fee of 0.3% p.a. will be charged. 
In addition to the StashAway management fee, ETF managers also charge a small management fee of 0.14% p.a. for USD Cash Yield. Do note that if you deposit in HKD, StashAway’s custodian bank charges a small one-off currency conversion fee of 0.10%. This is because it is a USD-denominated portfolio and the fee is very competitive in comparison to most retail banks which charge between 0.35 - 0.7%.  To summarise: Total fee for USD Cash Yield = StashAway management fee (0.3%p.a. From 1 July 2023) + ETF manager fee of 0.14% p.a. + currency conversion fee 0.10%.

What are the fees for USD Cash Yield portfolio?

USD Cash Yield

Earn 5.3%* p.a. via US Treasuries with no lock-ins; and get HK$200 cash coupon and a chance to win Free Investing for Life! T&C applies.

We’re licensed by the Securities and Futures Commission of Hong Kong (<a></a><a href="https://apps.sfc.hk/publicregWeb/corp/BQE542/details" target="_blank">CE No. BQE542</a>)

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We’re licensed by the Monetary Authority of Singapore (License no.&nbsp;<a href="https://eservices.mas.gov.sg/fid/institution/detail/201134-ASIA-WEALTH-PLATFORM-PTE-LTD">CMS100604</a>).

We’re licensed by the Securities Commission Malaysia (Licence <a href="https://easy.seccom.com.my:8222/entityprofile/1ca93ae1-4c0e-4c55-90e0-1850600e54f6">eCMSL/A0352/2018</a>).

We’re licensed by the Securities and Exchange Commission (License no.&nbsp;<a></a><a href="https://market.sec.or.th/public/idisc/en/companyprofile/Intermediaries/0000031407" target="_blank">Lor Khor-0136-01</a>).

StashAway Management (DIFC) Limited is regulated by the DFSA (license number&nbsp;<a href="https://www.dfsa.ae/public-register/firms/stashaway-management-difc-limited">F006312</a>).