Why is there a 1% Cash allocation for my portfolio?
Fees are paid monthly with the 1% cash allocation in your account. Each of your portfolios will be charged proportionally for the fees owed by them.
Additionally, the cash allocation might be used for rebalancing and/or withdrawals. For example, when you request for a withdrawal, we would first use the cash in USD for the withdrawal and if needed sell assets to fulfill the withdrawal. Subsequently, when rebalancing is triggered, we would sell assets to restore the cash USD allocation.
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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.
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