BNI Asset Management Launches Reksa Fund Endowment Fund With Investment Starting At IDR 10,000

The Launch of the BNI-AM Teakwood Class Unpad Idaman Fixed Revenue Fund Reksa. (Doc. BNI)

JAKARTA - BNI Asset Management in collaboration with PT Bank Negara Indonesia (Persero) Tbk or BNI and Padjadjaran University Bandung launched the BNI-AM Teakwood Class Unpad Idaman Fixed Revenue Fund Mutual.

President Director of BNI Asset Management Ari Adil said that this investment product is expected to be an innovative funding solution for Padjadjaran University.

Ari explained that the funds raised from the Mutual Fund can be used by universities in supporting educational infrastructure. As for investors, they can enjoy the results of their investment development without having to prepare large enough funds.

"This mutual fund has a composition of 80 percent to 100 percent on debt securities, as well as a minimum of 0 to 20 percent on money market instruments and deposits. To participate in this mutual fund, investors can invest from IDR 10,000 through BNI Asset Management marketing partners, one of which is BNI Sekuritas," said Ari, Saturday, February 22.

He believes that this Mutual Fund will be an attractive investment option for investors, especially alumni and the Unpad academic community. With the greater the asset under management (AUM) of this mutual fund, the greater it will be in supporting Unpad facilities and infrastructure.

Through collaboration with Unpad, it is increasingly expanding the BNI-AM Mutual Fund Endowment Fund investment ecosystem, which now includes four universities and one social philanthropic institution. Similar products are also available at Gadjah Mada University through BNI-AM UGM Progressive Balanced, University of Indonesia through BNI-AM Makara Investment, Bandung Institute of Technology through BNI-AM ITB Harmoni, as well as the Dompet Dhuafa social philanthropy agency through the BNI-AM Mutual Fund Dompet Dhuafa.