Asia-focused digital wealth management platform StashAway has launched Income Investing, a new fixed-income portfolio powered by J.P. Morgan Asset Management (JPMAM) and designed, the platform says, “with the aim of providing a simpler way of earning consistent income”.

The portfolio, the platform states, is the first-of-its-kind to provide investors with full flexibility to customize their income stream and with the option to switch between reinvesting dividends and receiving a regular payout.

Over half of Singapore residents rely on investment income for financial security, according to a 2024 SurveyMonkey.com survey. Despite this, many investors are confined by traditional income solutions that force a choice between reinvestment and cash payout. Recognizing the fluidity of investors’ financial needs, the portfolio offers flexible payout options, including the ability to adjust the payout amount and cadence at any time.

Leveraging the expertise of JPMAM, the portfolio, the platform argues, is a hassle-free way to invest in a globally-diversified fixed-income portfolio. JPMAM will provide market insights and asset allocation guidance for the portfolio, which is managed by the platform. With the aim of maintaining low volatility while optimizing yield, the portfolio has a 5.51% per annum yield to maturity (as of May 31).

This partnership allows retail investors to access a broad range of JPMAM fixed-income solutions at one of the lowest fees in the market, with no minimum investment amount. StashAway clients will see significant cost savings from a 100% rebate on trailer fees and the elimination of additional charges like upfront fees, translating to higher net returns for clients.

The portfolio is hedged to the Singapore dollar, which helps in minimizing currency risk while providing global diversification.

“Singapore investors have been enjoying the benefits of higher interest rates, but with growing anticipation of potential rate cuts, many are now looking to secure attractive longer-term yields,” says Michele Ferrario, the platform’s co-founder and CEO. “Our portfolio presents a timely solution.

“We know that our financial needs can and do change over time. Yet, investment solutions today still adopt a one-size-fits-all approach. [Our] solution puts investors in the driver’s seat, allowing them to decide when extra cash flow takes priority and when to let their money compound.”