Bank interests are down (eg. OCBC, UOB, StanChart), and alternative products that give decent returns at a low risk level are starting to get their time in the sun. While Singlife and Etiqa have launched insurance policies that closely emulate savings accounts, StashAway does something a little different with StashAway Simple™. Instead of an insurance policy, StashAway Simple is an investment fund. It allocates 50% of the amount placed in it towards a money market fund, and the other 50% towards a short-term bond fund. These are low-risk asset classes, and StashAway claims that there is a 99% chance that you will not lose more than 1.7% of your money. Wait, so the capital isn’t guaranteed? As with every investment, there is a risk of losing one’s capital, and make no mistake – this isn’t a savings account nor a capital guaranteed insurance policy. Nevertheless, the underlying investments...