Berita

With the largest Muslim population in the world, Indonesia has a huge potential for financial products based on Islamic principles, including Sharia Mutual Fund. To utilize the potential, Mandiri Manajemen Investasi launch Extra Sharia Mutual Fund, that is Sharia Mutual Fund product, collaboration of two leading marketplace in Indonesia, Tokopedia and Bareksa.

Based on Bareksa data in February 2019, Sharia Mutual Fund product recorded managed funds (AUM) Rp 36,83 trillion, increased 21,63% from February 2018 that recorded Rp 30,28 trillion. However, compared to the industry in general, Sharia Mutual Fund just contributed 7,07% in Mutual Fund industry in Indonesia with total of 134 Mutual Fund product.

Meanwhile, according to World Bank data, around 226,2 million people, or 87% from 260 million total population in Indonesia are Muslim. But, the value of Sharia Mutual Fund managed fund in Indonesia equal US$2 trillion only ranks third in the world, far below Malaysia that has AUM US$28,4 trillion in 2017 while the total population are 31 million only. First position held by Arab Saudi, according to Cerulli Associates research data.

Mandiri Manajemen Investasi Director, Endang Astharanti views Sharia Mutual Fund product could added good value for investor. Average performance of Sharia money market Mutual Fund managed by Mandiri Manajemen Investasi is more interesting compared to yield from savings or average bank deposits with historical performance of one year above 5%. “Aside from affordable and liquid because there is no lock-out period such as deposits. So, it can be withdrawn wherever needed.” said Asti.

Sharia money market Mutual Fund can be purchased in Tokopedia with very affordable price, just Rp10.000. Payment for Mutual Fund transaction also very easy because there are several choices available, from bank transfer, to using OVO Cash. The advantages of Extra Sharia Mandiri money market Mutual Fund is liquidity, which allows instant withdrawal on the same day with the transaction, or called T+0. This investment product is very safe because managed by Mandiri Investasi, the most innovative and leading Asset Management in Indonesia.

As time goes by, digital industry in Indonesia especially in financial service often called financial technology (fintech) like e-wallet that is part of ecommerce online ecosystem or online transportation platform, also peer-to-peer lending (P2P) keep showing massive growth. Looking at this trend, Mandiri Manajemen Investasi (Mandiri Investasi), supported by Standard Chartered Bank Indonesia (SCBI) as custody bank, launch Money Market Mutual Funds product with higher liquidity, called Mandiri Investa Pasar Uang 2 (MIPU2) Mutual Funds.

Mandiri Investa Pasar Uang 2 (MIPU2) Mutual Funds is different with conventional Money Market Mutual Funds, because this product offers highest liquidity, with disbursement funds on the same day as when the transaction order was made, or called T+0. Purchase of MIPU2 start only from Rp10.000, so it very attractive for beginner investor who want to start investing with low risk. T+0 feature done by MIPU2 management strategies that invest in highly liquid money market instruments so that funds from disbursement of participation units are not from facilities or billing, but are the result of investor redemption transactions that will be credited by the custodian bank to the customer’s bank account on the same day, with a sell transaction cut-off-time order at 10 AM where investors will get the proceeds from the sale of the participation unit with the Net Asset Value on the same day. 

“This product is very innovative because its very liquid with T+0 transaction time, added with affordable and easy investing. This T+0 Mutual Funds product firstly launch in the Indonesian capital market.” said Alvin Pattisahusiwa, President Director of Mandiri Investasi.

As a comparison, nowadays funds from the disbursement of Mutual Funds units are generally accepted by investor at T+1 to T+3, equivalent to one to three days. Therefore, T+0 by MIPU2 is a very attractive aspect for potential investors.

Mandiri Investasi, together with Standard Chartered Bank as custody bank. “As international bank with more than 155 years’ experience in Indonesia, and one of the first to get a custodian business license from OJK, we are commit to keep innovating with product and service to response the needs and dynamics of society.” Said Rino Donosepoetro, CEO of Standard Chartered Bank Indonesia. “We’re very glad to be strategic partner of Mandiri Investasi to launch first Mutual Funds in Indonesia with T+0 feature. This partnership is a clear proof of our role to participate in developing investment in the Indonesian capital market industry, especially for the retail market. This is also in line with one of our visions, to become the number 1 custodian bank in Indonesia. ” 

Now, MIPU2 present at Mandiri Investasi online platform called MOINVES, and would be launched with several selected Mutual Funds Selling Agent (APERD). In the near future, Mandiri Investasi will join hands with several online platforms in Indonesia to targeting digital wallet to optimize user idle funds through this MIPU2 product.

This investment product is very safe because it managed by Mandiri Investasi and watched over OJK. Mandiri Investasi has vision to becoming leading and most innovative investment manager in Indonesia until 1Q19 with total managed funds worth IDR55.3 trillion.

PT Mandiri Manajemen Investasi formally announce partnership agreement for the sales of Mutual Funds with PT Bank CTBC Indonesia (CTBCI) as custody bank. Therefore, Mutual Funds product to be launched are Mandiri Investa Pasar Uang (MIPU), Mandiri Investa Dana Utama (MIDU), and Asean Five Plus Equity (ASEAN5). The partnership signing ceremony was attended by Alvin Pattisahusiwa, President Director of MMI, and Iwan Satawidinata, Presiden Director of CTBCI, along with management from both companies.

MMI partnership with CTBCI as Mutual Funds Selling Agent (APERD) is a strategy to provide more choices of investment alternative for customer, because the prospect of various MMI product in market. Besides, the partnership is commitment between two companies to support Indonesia government in inclusion and financial literacy through Mutual Funds investment.
President Director of Mandiri Investasi, Alvin Pattisahusiwa said, “Partnership with CTBCI as Mutual Funds Selling Agent (APERD) will facilitate and widen public access to be able to invest in mutual fund instruments through banks. Besides, collaboration with banking institution is one of Mandiri Investasi strategy to expand our business and customer base.” We believe this is a good start for other business potential in the future, said Alvin.
“We are optimist to welcome strategic collaboration with Mandiri Investasi as leading business partner in national Mutual Funds industry. The similarity of our vision is to develop continuing efforts to support the development of investment products for customers,” said Iwan Satawidinata, President Director of CTBCI. Partnership development with Mandiri Investasi as an asset management with the largest total Asset Under Management in Indonesia would open bigger prospect for Bank CTBC to increase Fee Based Income in 2019.

The signing ceremony of the partnership on this day was followed by a seminar entitled Overview of the Indonesian Economy after the 2019 General Election, presented by Aldo Perkasa, Deputy CIO of PT Mandiri Manajemen Investasi; Philips J. Vermonte from Centre for Strategic and International Studies [CSIS; and Eko P. Pratomo as founder of Financial Wisdom and Gerakan Indonesia Cerdas Finansial. The seminar attended by CTBCI customers from various professions, ranging from entrepreneurs to financial and business practitioners.

PT Mandiri Manajemen Investasi (“Mandiri Investasi”) provides solutions to investors who want to hedge and diversify Rupiah-based assets by launching Rupiah-based Bond Fund products, where most of their assets will invest in USD-denominated SUN. With this product, investors are expected to achieve optimal results both when the USD and bond prices strengthen (All-Weather Fund). The product is Reksa Dana Mandiri Investasi Obligasi Nasional.

Jakarta, August 22nd, 2019 –  A fund managed by PT Mandiri Manajemen Investasi (“Mandiri Investasi”), Reksa Dana Mandiri Investa Syariah Berimbang, won the Best Sharia Mutual Funds in the category of Sharia Balanced Mutual Funds for period 3 years and 5 years

Mandiri Group along with the Coordinating Ministry (Kemenko) of Economic Affairs campaigned the Sharia capital market through talk shows and workshops titled Sharia Capital Market Socialization Goes to Campus in Bandung on Tuesday, September 10th , 2019.