The annual management fee is calculated as a percentage of the total assets under management, ranging from 0.2% - 0.8%, 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%.
Additionally, there is a currency conversion fee charged by our vendor, at 0.1% of the transaction amount. This preferential rate 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).
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.
More details on how StashAway can charge low fees can be found here.
StashAway Asset Management (Thailand) Co., Ltd (Registration no: 0105562135522) has a Securities Business License Type C - Private Fund Management (Lor Khor-0136-01) from the Ministry of Finance and is regulated by the Securities and Exchange Commission, Thailand.