PT Bank Mandiri Tbk launched two new mutual fund products managed by PT Manulife Aset Manajemen Indonesia.
These products are Manulife Indonesian Government Bonds II Class Income 1 (MONI II Class Income 1) and Manulife Superior Bonds Class A (MOU Class A).
In her statement in Jakarta on Wednesday, Senior Vice President of Wealth Management at Bank Mandiri, Sista Pravesthi, explained that currently, mutual fund purchases at Bank Mandiri can be made through the investment feature of the Livin' by Mandiri application and through Bank Mandiri's APERD branch offices.
Customers can optimize both mutual fund products to pursue asset growth while simultaneously obtaining a stable, regular income.
Manulife Indonesia Government Bond II Class Income 1 (MONI II Class Income 1) and Manulife Bond Unggulan Class A (MOU Class A) can be relied upon to achieve both potentials.
"Although both invest in the bond asset class, MONI II Class Income 1 and MOU Class A offer different investment strategies, so they are expected to be able to meet the diverse investment goals of the increasingly dynamic Indonesian public," he said.
Sista explained that MONI II Income Class 1 focuses on Indonesian Government bonds with a duration of around seven years, providing stability and consistent growth potential.
Meanwhile, the Class A MOU offers investment opportunities in government and corporate bonds with a duration strategy of around three years. The corporate bond allocation in the Class A MOU can reach 60 percent.
Corporate bonds in a Class A MOU portfolio can boost performance, potentially yielding higher returns than government bonds. The duration strategy of Class A MOUs makes them an attractive investment alternative amidst current high market volatility.
MONI II Income Class 1 and MOU Class A offer a fixed monthly income percentage that is determined in advance for the next 6 months, the percentage amount will always be evaluated according to market conditions.
"We are continuously striving to expand our range of investment products to suit our clients' preferences and risk profiles. This aims to meet our clients' investment needs and optimize their assets," said Sista.
