Develop A Mutual Fund Investment Portfolio, Eastspring Indonesia Collaborates With Maybank To Add DSC Features

JAKARTA - PT Eastspring Investments Indonesia (Eastspring Indonesia) in collaboration with PT Bank Maybank Indonesia Tbk (Maybank Indonesia) added a new feature that will further facilitate investors in investing in Mutual Funds. The feature is the Deferred Sales Charge (DSC), serves to free investors from purchase costs (subscription) and cost of resales in excess of one year (redemption). Meanwhile, this DSC feature is expected to complement Indonesia's Asian and Maybank Indonesia's commitments which have been in collaboration since September 1, 2020. President Director of Eastspring Indonesia, Alan J. Tangkas Darmawan said, the DSC feature is a relevant investment commitment to create product differentiations in the Mutual Fund industry aimed at protecting investor financial interests in a longer term of investment. "We hope to be able to assist investors in developing investment portfolios through the Product of Indonesian Eastspring Funds, which is in line with our goals, namely For Every Life, For Every Future which fits our expertise and experience in Asia," he explained in his official statement, quoted on Sunday, August 4. The DSC feature includes retail products of Asian Spring Indonesia which are marketed through Maybank, between the Fixed Revenue Funds of the Yield Discovery, the Eastspring Investments of the IDR High Grade and the Eastspring Investments Sharia Index Fixed Income USD. Furthermore, the Stock Fund Mutuals are the Eastspring Investments Alpha Navigator, the Index Mutual Funds are the Eastspring IDX ESG Leaders Plus and the Sharia Share Fund Reksa, namely the Eastspring Syariah Greater China Equity USD. Of the total six products available, there are three Stock Fund Reksa Products, which are products with high risk profiles suitable for long-term investors. As for the three Fixed Revacity Funds, they remain have a short, intermediate risk profile. The Head of Wealth Manage Maybank Indonesia, Aliang Sumitro welcomes both the addition of the DSC feature to the Bank's Eastspring Indonesia Mutual Fund and assess that this feature is in line with Bank's Business Financial Services missions, Humanis Financial Services. Aliang said that its investors are more efficient for developing investment.

"We are also optimistic that the DSC Mutual Fund for Eastspring Indonesia feature can encourage and increase investor interest in investing in Mutual Funds more carefully and on target according to its purpose and risk profile," said Aliang. In managing mutual fund products, Eastspring Indonesia carries out the principle of sustainable investment by investing in company shares that are already listed on the Indonesia Stock Exchange which owns and implements Environmental, Social, Governance (ESG) elements and has a positive impact on the environment and benefits of future generations.