{"id":66013,"date":"2024-11-21T11:46:57","date_gmt":"2024-11-21T03:46:57","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=66013"},"modified":"2024-11-21T15:48:21","modified_gmt":"2024-11-21T07:48:21","slug":"stashaway-malaysia-save-investment-fees","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees","title":{"rendered":"StashAway Leads Wealth-Tech Revolution By Saving RM130 Mil In Fees"},"content":{"rendered":"
\"\"<\/a>

Wai Ken Wong, Country Manager of StashAway Malaysia<\/p><\/div>\n

StashAway, one of Malaysia\u2019s largest digital investment platforms, has recently announced that it has helped Malaysians save over RM130 million in fees since its launch in 2018. <\/span><\/p>\n

This follows the platform\u2019s recent surpassing of RM1 billion in Assets Under Management (AUM) in 2023.<\/span><\/p>\n

“When we launched in 2018, our mission was to make sophisticated investing accessible and affordable for everyone. Achieving RM130 million in fee savings is a testament to that mission. <\/span><\/p>\n

“We\u2019ve since seen meaningful ripple effects from challenging industry norms, including the gradual phasing out of outdated practices like exit fees,\u201d said Wai Ken Wong, Country Manager of StashAway Malaysia.<\/span><\/p>\n

<\/span>Traditional investments charge high fees<\/span><\/h2>\n

While Malaysia\u2019s wealth management industry continues to evolve, there is one critical challenge that continues to persist, that being high fees. <\/span><\/p>\n

For many traditional investment solutions, it is not uncommon to see up to 5% in upfront sales charges and an additional 2% annual management fee on top of that.\u00a0<\/span><\/p>\n

These costs may seem small at a glance, but can significantly impact an investor\u2019s ability to build long-term wealth. Choosing a more cost-effective method can help cut down on the time it takes for Malaysians to reach their financial goals.<\/span><\/p>\n

<\/span>Lower fees means more returns for investors<\/b><\/span><\/h2>\n

One of the biggest stress points for Malaysians is the fear of insufficient retirement savings. According to a recent <\/span>HSBC survey<\/span><\/a>, affluent Malaysians require up to RM3.61 million to retire comfortably.<\/span><\/p>\n

StashAway\u2019s General Investment portfolio aims to help Malaysian investors save on hefty investment fees and reduce the amount of time it takes for Malaysians to hit their RM1 million investment goals.<\/span><\/p>\n

\"lower<\/a><\/p>\n

Those who regularly invest with StashAway could reach this milestone in 12 years, as opposed to 16 years, assuming identical investment returns before fees.\u00a0<\/span><\/p>\n

Through the delivery of strong returns and cost-efficient fees, StashAway has built a service based on trust and organic growth whilst serving over 50,000 clients in the country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

High investment fees can cost Malaysians up to four years of time.<\/p>\n","protected":false},"author":58,"featured_media":66014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[263,1,216,230],"tags":[772,660,982,649,2278,650,543,850],"class_list":["post-66013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf","category-investment","category-news-updates","category-unit-trust","tag-investing","tag-investment","tag-news","tag-retirement","tag-retirement-fund","tag-retirement-planning","tag-stashaway","tag-stashaway-malaysia"],"acf":[],"yoast_head":"\nMalaysians Save RM130 Million In Fees With StashAway<\/title>\n<meta name=\"description\" content=\"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Malaysians Save RM130 Million In Fees With StashAway\" \/>\n<meta property=\"og:description\" content=\"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-21T03:46:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-21T07:48:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jordan Low\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jordan Low\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees\"},\"author\":{\"name\":\"Jordan Low\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/504ffd45ac95c1aed85e1dfc7d4c4ea6\"},\"headline\":\"StashAway Leads Wealth-Tech Revolution By Saving RM130 Mil In Fees\",\"datePublished\":\"2024-11-21T03:46:57+00:00\",\"dateModified\":\"2024-11-21T07:48:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees\"},\"wordCount\":341,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/21120708\\\/investing-fees_pexels_com.jpg\",\"keywords\":[\"investing\",\"Investment\",\"News\",\"retirement\",\"Retirement fund\",\"retirement planning\",\"StashAway\",\"stashaway malaysia\"],\"articleSection\":[\"ETF\",\"Investment\",\"News Updates\",\"Unit Trust\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees\",\"name\":\"Malaysians Save RM130 Million In Fees With StashAway\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/21120708\\\/investing-fees_pexels_com.jpg\",\"datePublished\":\"2024-11-21T03:46:57+00:00\",\"dateModified\":\"2024-11-21T07:48:21+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/504ffd45ac95c1aed85e1dfc7d4c4ea6\"},\"description\":\"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#primaryimage\",\"url\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/21120708\\\/investing-fees_pexels_com.jpg\",\"contentUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/21120708\\\/investing-fees_pexels_com.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/stashaway-malaysia-save-investment-fees#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/category\\\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"StashAway Leads Wealth-Tech Revolution By Saving RM130 Mil In Fees\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/504ffd45ac95c1aed85e1dfc7d4c4ea6\",\"name\":\"Jordan Low\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g\",\"caption\":\"Jordan Low\"},\"description\":\"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/author\\\/jordan-low\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Malaysians Save RM130 Million In Fees With StashAway","description":"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees","og_locale":"en_US","og_type":"article","og_title":"Malaysians Save RM130 Million In Fees With StashAway","og_description":"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.","og_url":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees","og_site_name":"iMoney Malaysia","article_published_time":"2024-11-21T03:46:57+00:00","article_modified_time":"2024-11-21T07:48:21+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg","type":"image\/jpeg"}],"author":"Jordan Low","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jordan Low","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#article","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees"},"author":{"name":"Jordan Low","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6"},"headline":"StashAway Leads Wealth-Tech Revolution By Saving RM130 Mil In Fees","datePublished":"2024-11-21T03:46:57+00:00","dateModified":"2024-11-21T07:48:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees"},"wordCount":341,"commentCount":0,"image":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg","keywords":["investing","Investment","News","retirement","Retirement fund","retirement planning","StashAway","stashaway malaysia"],"articleSection":["ETF","Investment","News Updates","Unit Trust"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees","url":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees","name":"Malaysians Save RM130 Million In Fees With StashAway","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg","datePublished":"2024-11-21T03:46:57+00:00","dateModified":"2024-11-21T07:48:21+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6"},"description":"StashAway Malaysia has hit a major milestone in the wealth-tech industry by helping Malaysians save on expensive investment fees.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2024\/11\/21120708\/investing-fees_pexels_com.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/stashaway-malaysia-save-investment-fees#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"StashAway Leads Wealth-Tech Revolution By Saving RM130 Mil In Fees"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6","name":"Jordan Low","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f70608d4c20f96f6cff35357fc9e37d322e1898f6d623a1d6cc307c2076ed42d?s=96&d=mm&r=g","caption":"Jordan Low"},"description":"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.","url":"https:\/\/www.imoney.my\/articles\/author\/jordan-low"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/66013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=66013"}],"version-history":[{"count":4,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/66013\/revisions"}],"predecessor-version":[{"id":66023,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/66013\/revisions\/66023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/66014"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=66013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=66013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=66013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}