StashAway Simple™ is a Shariah-compliant cash management portfolio without restrictions. It makes growing your cash, well, Simple.
No limit on the balance that can earn a projected rate of 1.2%
No minimum balance
No management fees, setup fees, or exit fees
Unlimited transfers in and out of StashAway portfolios
Accepts both AED and USD
Transfer however much cash you want.
Earn returns on any amount for however long you want.
StashAway management fee for any balance
Net fee charged by underlying fund manager, embedded in projected rate
We don’t include your Simple balance as part of your overall investments under management when we calculate your fee with us.
Yes. You do not necessarily need to invest in other StashAway portfolios to invest in StashAway Simple™.
Yes, depending on economic conditions, your StashAway Simple™’s projected rate may change, as its underlying funds are affected by economic health factors. Though, when applicable, our system will re-optimise your Simple portfolio to maintain the highest possible projected rate within a given economic environment. We will always notify you in the case of a change in the projected rate. The risk level to which your money is exposed will never change within StashAway Simple™.
The Total Expense Ratio (TER) for each fund includes the Management Fee charged by the Fund Manager, as well as other expenses incurred by the Fund (e.g., custody, marketing, compliance, shareholder services); as the TER includes fixed costs, it may slightly vary depending on the size of the funds.
This is an investment, so there is a level of risk, but it’s incredibly low. The StashAway Risk Index for StashAway Simple™ is 0.947%. That means you have a 99% chance of not losing more than 0.947% of your AUM in a given year.
StashAway Simple™ can accept deposits in AED and USD. Any USD deposits will be converted to AED.
We have a range of medium-to-long-term investment options, too.