Singapore robo adviser offers portfolio to manage cash

Robo-adviser StashAway has rolled out a cash management portfolio that gives all investors access to Singapore-focused money-market funds. The portfolio, StashAway Simple, has a projected return of 1.9% per annum as of November. It will invest in the LionGlobal SGD Money Market fund and  LionGlobal SGD Enhanced Liquidity Fund - SGD Class I. The robo-adviser said a flat return will apply, regardless of one's balance, but it will not charge management fees for the portfolio. The platform is able to cut man hours, which also involves high fees in investment planning. Instead, StashAwa...