In the past few days, we’ve seen 2 robo advisors launch their cash management solution products. Today, we have a total of 3 robo advisors (Endowus, MoneyOwl and StashAway) offering investors with cash management solutions to park their cash savings in low risk investments for higher yield that banks are offering.

Here’s a complete list of cash management solutions

Product

Net Projected Yield

Fees

Funds

Minimum Amount Required

Cash Smart Core

1.29%

Total Cost: 0.23%

Total Expense Ratio: 0.27%

Trailer Fee Rebate: (0.09%)

Endowus Access Fee: 0.05%

  • Fullerton SGD Cash Fund (50%)
  • LionGlobal SGD Enhanced Liquidity (50%)

No minimum balance, but minimum account size to be maintained is S$10,000

Cash Smart Enhanced

2.20%

Total Cost: 0.35%

Total Expense Ratio: 0.53%

Trailer Fee Rebate: (0.23%)

Endowus Access Fee: 0.05%

  • UOB United SGD Fund (50%)
  • LionGlobal SGD Enhanced Liquidity (50%)

No minimum balance, but minimum account size to be maintained is S$10,000

StashAway Simple

1.90%

Total Cost: 0.205%

Total Expense Ratio: 0.33%

Trailer Fee Rebate: (0.125%)

StashAway Management Fee: Nil

  • LionGlobal SGD Money Market Fund (50%)
  • LionGlobal SGD Enhanced Liquidity Fund SGD Class I Acc. (50%)

No minimum balance

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