You asked, and we listened.
Many of you have been asking for the ability to make your own tweaks and changes to your investments, and so we’re excited to finally introduce Flexible Portfolios! Whether you’re a fan of StashAway’s portfolios but just want to make some small changes, or you want to create your own portfolios from scratch, Flexible Portfolios gives you that, well, flexibility.
With Flexible Portfolios, you can choose from more than 45 distinct asset classes that include new ones as well as ones from our existing portfolios. You can choose from asset classes such as Emerging Markets, REITs, Gold, Energy, Government Bonds, Corporate Bonds and more.
The ETFs available are from some of the world’s top fund managers, including iShares, SPDR, VanEck, Vanguard, ARK, and GlobalX.
Over time we’ll add more asset classes, and we’ll let you know as we do. If there are any that you think we should have, let our team know at email@example.com.
What exactly does “low”, “medium”, or “high” risk even mean?
We’ve always believed you should know exactly how much risk you’re taking, which is why we’ve always given our investments a specific, quantifiable risk measurement. And Flexible Portfolios are no different.
Editor's note: Once you decide on an asset allocation, we’ll calculate that portfolio’s potential downside. For example, if your Flexible Portfolio has a Moderate Risk Level, it means that there’s a 99% chance that it won’t lose more than 19% in a given year. We calculate the risk level by looking at long-term asset class returns and assumptions, and we update these calculations quarterly. 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 more cost-efficient or preferred one in the same asset class.
You can either start with a template portfolio and make adjustments from there, or start with a clean slate and build your portfolio from scratch.
You can update your asset allocation whenever you want, and have multiple Flexible Portfolios if that’s what’s best for your investment plan.
And, of course, there’s no minimum balance or lock-in.
(Yes, 2023, that's not a typo!)
To celebrate the launch of Flexible Portfolios, we’re waiving our management fees on any fresh funds that you deposit into any Flexible Portfolio until 30 June 2023*.
Flexible Portfolios can serve a few different purposes in an investment plan.
First, it can be your primary investment: For example, if you have a General Investing portfolio but just want to make a few tweaks to the asset allocation, Flexible Portfolios will allow you to stay diversified while also letting you be in control.
Or, it can be a way to strategically double down on exposure to certain asset classes. In fact, you can even create a portfolio with just 1 asset class.
If you want to know more about how to include Flexible Portfolios in your investment plan, read about how Flexible Portfolios can supplement your investment strategy.
We’ll rebalance your Flexible Portfolios to always maintain the proportions of the asset allocations you set, but we won’t re-optimise them on your behalf when market conditions change. Read more about rebalancing and reoptimisation.
This is just the beginning for Flexible Portfolios. The launch of Flexible Portfolios is a result of many of you sharing feedback on what would make StashAway even better. And what it becomes will largely depend on what you need it to be. Let us know which features you love and which ones you think are missing. We can’t wait to hear what you think!
StashAway Hong Kong Ltd. is a licensed corporation (CE No. BQE542) under the Securities and Futures Ordinance in respect of Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities.