Embracing a new era of investment climate, Bank DBS Indonesia introduces Mandiri Global Sharia Equity Dollar Fund | Bahasa

Indonesia, 23 Sep 2020 - As a trusted financial and wealth management partner, Bank DBS Indonesia is committed to continuously providing the best service for its customers, including by providing investment options on local and global markets. Today, Bank DBS Indonesia introduced the Mandiri Global Sharia Equity Dollar Fund, an alternative investment instrument for customers who want to invest on the global market. The mutual fund product is the result of collaboration with Mandiri Investment Management and complements other investment instruments to embrace a new era of investment climate.

“In the past two years, we have seen massive changes in global trends, such as developments in technological transformation and changes in social demographics that form new consumption patterns. In view of these developments, we have made a lot of improvements, including in the ease of managing and developing wealth through digital tools, periodic discussions on investment climate, as well as a variety of products tailored to suit the needs of customers and the investment climate. And today, we announce that Bank DBS Indonesia is one of the banks trusted to provide a reliable investment instrument, namely the Mandiri Global Sharia Equity Dollar Mutual Fund. This is an investment product whose placement is focused on companies in resilient sectors, such as digitisation, health, finance, and energy. It also provides options and opportunities for customers who want to diversify their wealth with placement on the global market. This is in line with our commitment as a trusted financial and wealth management partner," said Director of Consumer Banking, PT Bank DBS Indonesia, Rudy Tandjung.

"We have launched several mutual fund products, such as Manulife Saham Syariah Asia Pasifik Dollar AS, Schroder Global Shariah Equity Fund, BNP Paribas Cakra Syariah USD Fund, and BNP Paribas Greater China Equity Syariah Fund. Today, Bank DBS Indonesia has entered into collaboration with Mandiri Investment Management. Technology development has created challenges as well as new opportunities, as indicated by the development of several industrial sectors affected by megatrends that enable businesses to assert their existence and solid performance even in challenging situations," said Head of Unit Trust and Treasures Private Client Product, PT Bank DBS Indonesia, Mus Hidayat.

“The Mandiri Global Sharia Equity Dollar Fund offers several benefits for customers, namely professional investment management, investment diversification, investment flexibility, ease of investment withdrawal, and transparency of information,” said President Director, PT Mandiri Manajemen Investasi, Alvin Pattisahusiwa. Given the development of investment trends in 2020, it is important to diversify investment portfolios. By investing in the Mandiri Global Sharia Equity Dollar Fund, customers can grow their portfolios through investment in innovative global companies, such as Microsoft Corp., Apple Inc, and Alibaba Group Holdings-SP ADR.

The Mandiri Global Sharia Equity Dollar Fund is a foreign sharia equity securities that can be traded based on Net Asset Value (NAV) price per unit participation published daily. The investment product aims to provide long-term level of investment returns in US dollars by investing in a foreign Sharia Securities portfolio listed in the Sharia Securities List.

The Mandiri Global Sharia Equity Dollar Fund offers several benefits, namely access to investment on the global market, expansion of product alternatives in US dollars that is supported by global expertise. Investment management is done by JP Morgan Asset Management as Technical Advisor to provide input to the investment management team at Mandiri Investasi in managing the Mandiri Global Sharia Equity Dollar Fund global portfolio to provide the potential for optimal returns in any market condition.

Bank DBS Indonesia remains committed to continuing enriching investment product choices, especially in the current investment climate, to assist customers in managing and developing their portfolios and in achieving their financial goals.

 

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About DBS

DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 11 consecutive years from 2009 to 2019.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 29,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.