Syailendra Capital And Bank Victoria Hadikan Four Types Of Mutual Funds

JAKARTA - Syailendra Capital together with PT Bank Victoria International Tbk collaborated to increase financial inclusion in the community by presenting four mutual fund products.

"Syailendra Capital is committed to supporting the government's efforts to increase financial literacy and inclusion, including in areas that have so far limited access to investment products," said Syailendra Capital Chief Marketing Officer Harnaugama quoting Antara.

He said that the four products include the Cash Fund Reksa Syailendra Dana Kas which focuses on relatively low-risk money market instruments with high liquidity, making it suitable for investors with conservative risk profiles for short-term investment purposes of less than a year.

There is also a Class A Syailendra Equity Opportunity Fund (SEOF) Mutual Share Fund which has a majority share instrument asset allocation, making it suitable for investors with an aggressive risk profile for long-term investment purposes.

Other products are the Syailendra Fixed Income Fund (SFIF) Mutual Revenue Fund which has a majority asset allocation of State Securities (SUN), sukuk, and corporate bonds instruments, making them suitable for investors with moderate risk profiles and medium to long-term financial goals.

Meanwhile, the Syailendra MSCI Value Index Fund (SMSCI) Class A focuses on undervalued large-qualtialized stocks, making them suitable for investors with aggressive risk profiles for long-term financial purposes.

"By providing safe, reliable, affordable and accessible investment instruments, we hope to significantly encourage the growth of the number of mutual fund investors throughout Indonesia," said Harnaugama.

Both parties are optimistic that this collaboration can encourage the growth of Bank Victoria customer mutual fund transaction activities, especially customers outside Jakarta, such as in Surabaya, Bandung, Manado, Bali, Makassar, Solo, and Medan.

Bank Victoria President Director Achmad Friscantono said that his party believes that the presence of Syailendra Capital mutual fund products in all branches of Bank Victoria can make it easier for customers to choose alternative investment instruments.

"This is in line with our vision to become a customer-choice bank that is trusted, healthy, efficient and supports sustainable growth," he added.