What are the fees for USD Cash Yield portfolio?
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%.
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%.