USD Cash Plus

Earn 5.4%* p.a. on your USD from US Treasuries and capture decade-high yields with USD Cash Plus.

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>).

Help Center

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

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>).

The following prescribed thresholds apply in order to be eligible to be treated as an AI:
- Income that exceeds 4 million baht
- Net personal assets that exceed 50 million baht
- Portfolio of securities worth 10 million baht
- Portfolio of securities and cash savings worth 20 million baht or more.
 
When we launch products and services especially for Accredited Investors, we’ll reach out so you can verify your eligibility.

How do I qualify for AI status?

What does it mean to be an Accredited Investor

Accredited Investors

We invest in US-domiciled and UK-domiciled ETFs that require USD for investment. Therefore, we convert all your money into USD in order to invest in the selected US and UK ETFs.
 See <a href="https://www.stashaway.co.th/r/stashaways-etf-selection" target="_self">StashAway's Fund Selection</a>.

Why does StashAway convert my money into USD?

General questions about how StashAway works

General Questions

We ask you explicitly about your risk preferences during the initial suitability assessment. Additionally, we give you the option to adjust the risk index for each portfolio as you wish.

How do you understand my attitude towards risk?

Frequently asked questions about opening an account and the app

Getting Started

Re-optimisation refers to changes in your portfolio’s target asset allocation. When this happens, new ETFs may be introduced, and/or the weightage of existing ETFs will be changed in your asset allocation.
 
To learn more about our investment methodology, visit <a href="https://www.stashaway.co.th/r/stashaways-asset-allocation-framework" target="_self">ERAA</a>.
 
Were you looking for rebalancing instead? Click <a style="background-color: #ffffff;" href="https://www.stashaway.co.th/en-TH/r/what-is-rebalancing" target="_self">here</a> for Rebalancing.

What is re-optimisation?

Yes. For investment products that are invested in US-domiciled and UK-domiciled ETFs. All currencies are converted into USD to be invested as USD.
THB to USD conversion is done at the spot rate and the only cost associated is the currency conversion fee, which is charged by the bank, at 0.1% of the transaction amount. This preferential rate, which StashAway has negotiated with the bank, compares favorably against the significantly higher currency conversion fees charged by commercial/retail banks (easily between 0.4% and 1.0% depending on transaction size).

Are all currencies invested in USD?

Questions about our portfolios and investment framework

Investments

Yes, it's completely up to you. You can stop and resume your deposits anytime you wish.

Can I stop sending deposits for a few months and resume investments after?

Questions about our General Investing and Goal-based portfolios 

General & Goal-based Investing

Thematic Portfolio can be a strong addition to a core investment strategy. Thematic portfolios have a lot of long-term equity exposure, making them a great way to add diversification to your existing investment plan.
 
Thematic Portfolio are higher risk compared to our General Investing portfolios. This means that they’re certainly not a replacement for a balanced retirement plan and other savings plans, but they do have the potential to complement long-term financial plans. If you’re a starting investor we recommend you take a look at our General Investing portfolio.

How do Thematic Portfolio fit into my financial plan?

Thematic 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 are Flexible Portfolios?

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 choose, you can decide which assets to include or remove and adjust their allocations according to your preferences. See our <a href="https://www.stashaway.co.th/r/flexible-portfolios-fund-selection" target="_self" rel="undefined">Flexible Portfolios’ fund selection</a>.

What are the Flexible Portfolio templates?

The Risk-focused template is designed to build the foundation of your wealth with globally-diversified assets that align with your risk appetite. It offers 5 different Risk Levels and has exactly the same composition as our signature General Investing powered by StashAway portfolios. But with the template, you’ll be able to adjust assets and their allocations based on your preferences. Do note that if you decide to make changes to your template portfolio, your overall portfolio risk might change, too. You will be able to see it in the app. See our <a href="https://www.stashaway.co.th/r/flexible-portfolios-fund-selection" target="_self" rel="undefined">Flexible Portfolios’ fund selection</a> for more details.

What is a Risk-focused template and what does it comprise of?

The Passive Income template offers a 99% exposure to various bond assets and regular dividend payouts. 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. See our <a href="https://www.stashaway.co.th/r/flexible-portfolios-fund-selection" target="_self" rel="undefined">Flexible Portfolios’ fund selection</a> for more details.

What is Passive Income template and what does it comprise of?

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. See our <a href="https://www.stashaway.co.th/r/flexible-portfolios-fund-selection" target="_self" rel="undefined">Flexible Portfolios’ fund selection</a> for more details.

What is World Index Tracking template and what does it comprise of?

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 <a href="https://www.stashaway.co.th/pricing">our pricing</a>.

What are the fees for Flexible Portfolio templates?

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).
<img src="https://stashaway.zendesk.com/hc/article_attachments/13452868582041" alt="202212-Flex-Expert-Pie-THEN.jpg">
The image is only for illustrative purposes
 Do note that the payout amount and frequency will depend on which asset you choose to add to your Flexible Portfolio. We also apply a monthly 200 Baht dividend payout minimum.

Can I get dividend payouts with any of the Flexible Portfolios?

Yes, to receive the dividends from any of your Flexible Portfolios (including the templates), your portfolio needs to generate a minimum of 200 Baht in dividend payouts on a monthly basis. This means that any amount you earn on your portfolio below 200 Baht will get automatically reinvested into your portfolio.

Is there a minimum investment to get dividend payouts from Flexible Portfolios?

The payout amount and schedule will depend on which asset you choose to add to your Flexible Portfolio. If you want to calculate exact earnings, you can follow these steps:
a. Find all available assets under Flexible Portfolios on <a href="https://www.stashaway.co.th/r/flexible-portfolios-fund-selection">our fund selection page</a>. 
b. In the list above, look for the assets in your portfolio and visit the links to the ETF pages 
c. 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 SPDR® Blomberg 1-3 Month T-Bill ETF in your Flexible Portfolio.
 You’ve invested 100,000 Baht into this portfolio. You see that the dividend yield for the ETF is 3.84%, and the payouts are distributed monthly. Your monthly payout distribution would then equal approximately 320 Baht (3.84% x 100,000 divided by 12 months). In this case, because your dividend payout is above the 200 Baht 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).<img src="https://stashaway.zendesk.com/hc/article_attachments/13453192375193" alt="202212-Flex-Expert-Pie-THEN.jpg" width="620" height="777">
The image is only for illustrative purposes
 
Do 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 200 Baht minimum on certain months and below on others.

How can I know how much I will get in dividend payouts and when?

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.
<ul>
<li>Very Conservative: Up to 7%</li>
<li>Conservative: 8-13%</li>
<li>Moderate: 14-19%</li>
<li>Balanced: 20-25%</li>
<li>Aggressive: 26-32%</li>
<li>Very aggressive: 33% and more</li>
</ul>
 
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.

How is the Risk Level calculated for Flexible Portfolios?

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?

The underlying ETF is an accumulating share class. This means that the dividends received will be reinvested in the ETF instead of being paid out, increasing the value of your ETF. Over time, you will compound your gains - thanks to the power of compounding interest.
 
As always with StashAway, there are no restrictions for withdrawals, so you can withdraw any amount from your portfolio, at any time.

How often will I earn returns with USD Cash Plus portfolio?

Your portfolio will be charged a flat fee of 0.3% p.a.
 
In addition to the StashAway management fee, ETF managers also charge a small management fee of 0.07% p.a. for USD Cash Plus. We've worked with our partner bank vendor to bring you one of the lowest foreign exchange rates in the market.

What are the fees for USD Cash Plus portfolio?

We don’t include your USD Cash Plus balance as part of your overall investments under management when we calculate your overall fee with us. A flat rate of 0.3% p.a. will be charged for your investment in USD Cash Plus.

Is my USD Cash Plus balance calculated into my overall investments with StashAway?

The ETF behind USD Cash Plus is not subject to the US government's withholding taxes, as it is a UCITS-compliant ETF domiciled in Ireland with US bonds as the underlying assets. As such, this means that all dividends will be fully reinvested.

Are my investments in USD Cash Plus subject to withholding tax?

Yield to Maturity (YTM) is the total annualised return anticipated on a bond if held until maturity, inclusive of the interest payments you’ll receive and any difference in the current price of the bond versus its maturity price (which is the same at the point it is issued). It is expressed as an annual percentage rate. We always note the date at which the YTM calculation is based until.

What is yield to maturity?

No, this is not a guarantee. The value of the portfolio is subject to market volatility, such as from changing interest rates, as well as from currency fluctuation and possible taxation(s).

Will my actual returns always match the yield to maturity?

Flexible Portfolios

The annual management fee is calculated as a percentage of the total assets under management, <a href="https://www.stashaway.co.th/pricing" target="_blank" rel="noopener noreferrer">all-inclusive ranging from 0.2% - 0.8%</a> (in case of a single ETF Flexible Portfolio, it will be charged at fixed rate of 0.3% per year), and is charged monthly on a pro-rata basis. i.e if you invested on the 15th of a particular month, we will not charge you for the first 15 days.
 
The other fee included is the low fee associated with the ETFs, averaging 0.15% - 0.25%.
 
Unlike most traditional financial managers, we do not (and never will) charge for withdrawals or account closures. We also don’t charge a front-end fee, remittance fee, trading commission, and custodian fee.
 
We've worked with our FX vendor to bring you one of the lowest foreign exchange rates in the market. More details on our pricing can be found <a href="https://www.stashaway.co.th/pricing" target="_blank" rel="noopener noreferrer">here</a>.
More details on how StashAway can charge low fees can be found <a href="https://www.stashaway.co.th/r/how-stashaway-can-charge-low-fees">here</a>.

What are the fees associated with StashAway?

Fees

All dividends of US-listed securities (regardless of whether the assets were bought through StashAway, or via your own broker) are subject to a 30% dividend withholding tax (WHT).
 
The WHT is held at source and the rest of the dividends are redistributed back to your portfolio(s) and reinvested automatically by us. Therefore the dividend payments shown on your “Transactions” tab are your net earnings.
 When choosing the best ETF, our investment team optimises for total cost to our clients. This includes WHT, expense ratio, tracking error and bid-ask spread among other factors. If you’re interested in seeing a comparison between US-listed securities and foreign securities, <a href="https://www.stashaway.sg/r/etf-taxes-returns-and-tracking-errors">here</a> is an article that presents its case.

Do my dividends get taxed in the US?

Questions relating to capital gains and dividend taxes on your portfolios 

Taxes

Your money will always be segregated from StashAway's finances, and your assets will always be held in large institutions. Kasikorn Bank is the custodian of your private fund, while your purchased securities and offshore cash holdings will be kept in offshore custodian accounts through Saxo Capital Markets with Citibank and HSBC, respectively.

Where is my money kept?

Security

As a new investor, you’re eligible for free investing of between 2 and 8 months. This promotion applies to your first deposit made within 45 days of account verification. And best of all, the promo code is automatically applied.
 
Here’s how it works:
<table style="border-collapse: collapse; width: 84.5714%; height: 88px;" border="1" data-mce-id="__mce">
<tbody>
<tr style="height: 22px;">
<td class="wysiwyg-text-align-center" style="width: 43.0512%; height: 22px;">
First deposit*
</td>
<td class="wysiwyg-text-align-center" style="width: 41.5202%; height: 22px;">Get free investing for</td>
</tr>
<tr style="height: 22px;">
<td class="wysiwyg-text-align-center" style="width: 43.0512%; height: 22px;">100,000 - 299,999 THB</td>
<td class="wysiwyg-text-align-center" style="width: 41.5202%; height: 22px;">2 months</td>
</tr>
<tr style="height: 22px;">
<td class="wysiwyg-text-align-center" style="width: 43.0512%; height: 22px;">300,000 - 999,999 THB</td>
<td class="wysiwyg-text-align-center" style="width: 41.5202%; height: 22px;">4 months</td>
</tr>
<tr style="height: 22px;">
<td class="wysiwyg-text-align-center" style="width: 43.0512%; height: 22px;">1,000,000 THB or above</td>
<td class="wysiwyg-text-align-center" style="width: 41.5202%; height: 22px;">8 months</td>
</tr>
</tbody>
</table>
 
Note: StashAway reserves the right to modify the terms and conditions of the promotion without prior notice.

How does the promotion for new investors work?

Explore our ongoing promotions to save on fees as you invest with us