Bank Sinarmas Launches Bond Mutual Fund, Targeting Priority Customers
Bank Sinarmas has launched the STAR Fixed Income 4 Utama class fixed-income mutual fund to expand investment options amidst the growing demand for more stable instruments. This product targets priority customers seeking returns from bond instruments with measurable risk.
Launched on the Indonesia Stock Exchange on Tuesday (9/6/2026), the product is managed by PT Surya Timur Alam Raya Asset Management as the investment manager. The portfolio composition focuses on debt securities between 80 per cent and 100 per cent, with a money market portion of a maximum of 20 per cent.
Bank Sinarmas assesses that the need for bond-based investment instruments is increasing alongside fluctuating market conditions. Fixed-income mutual funds are considered to offer a balance between potential returns and risk management over the medium to long term.
President Director of Bank Sinarmas, Frenky Tirtowijoyo, stated that this product is intended as a more structured investment alternative for customers.
“Through STAR Fixed Income 4 Utama class, Bank Sinarmas aims to provide an investment alternative that can help customers achieve their financial goals in a more planned manner. This product is expected to be a relevant, transparent investment solution that meets customer needs amidst evolving market dynamics,” said Frenky on Tuesday (9/6/2026).
He explained that the product is marketed exclusively through Bank Sinarmas and targets investors in need of high-quality bond-based portfolios.
Retail Banking Director of Bank Sinarmas, Miko Andidjaja, noted that customer interest in investment products has continued to rise in recent years.
“Since 2023, Bank Sinarmas, as an APERD (Mutual Fund Selling Agent), has recorded a stable annual growth of 29 per cent in investment product distribution activities,” said Miko.
According to him, this trend reflects increasing customer awareness in managing assets through more diverse investment instruments, including mutual funds.
In its management, the product involves PT Bank CIMB Niaga Tbk as the custodian bank. This collaboration is expected to maintain transparency and the security of investor fund management.
Bank Sinarmas believes that strengthening access to investment products is a key factor in driving financial literacy and inclusion. Bond-based products are seen as an alternative for investors looking to avoid high volatility in the stock market.
“We hope this collaboration can present relevant investment solutions for Bank Sinarmas customers, particularly for investors who prioritise long-term financial planning,” said Miko.
Bank Sinarmas anticipates that the demand for investment instruments with measurable risk will continue to increase alongside the growing uncertainty in global and domestic financial markets.