Southeast Asian digital wealth manager StashAway launched Flexible Portfolios, its first product in Malaysia that offers investors the choice to customise their portfolios.
Flexible Portfolios allows investors to pick the asset classes they want, decide their exact allocations, and change them at any time.
According to StashAway, the Flexible Portfolios product was highly requested by its clients who want to control their investments based on their own market views and holdings outside its app.
Flexible Portfolios has two features that make these customised investments different from brokerages. Firstly, investors are able to easily customise their portfolios by picking their desired asset classes.
StashAway curates the best exchange-traded funds (ETFs) for more than 55 asset classes such as Emerging Markets, S&P500, REITs, Gold, Energy, Government Bonds, and more.
The underlying funds feature ETFs from global fund managers, including iShares, SPDR, VanEck, Vanguard, ARK, and GlobalX.
The second feature would be risk management as StashAway calculates the portfolio’s potential downside to ensure that investors know how much risk they are taking on as they customise a portfolio.
StashAway will also inform investors when their portfolio’s risk level changes due to changing economic conditions.
In addition to that, StashAway is offering an entire year of free investing for Flexible Portfolios by waiving the management fee on any fresh funds until 30 June 2023 as part of the launch.
Wong Wai Ken, Country Manager, StashAway Malaysia said,
“We really value feedback from our investors, and many were keen to create or customise their own portfolios according to their risk appetites.
We are excited that our clients are becoming more and more savvy as they invest with us, and are pleased to enable them to have a say while we still deliver on two of our core values: investment intelligence and risk management.”
