Bank Sinarmas Launches Bond Mutual Fund, Targeting Priority Customers

Bank Sinarmas has launched the fixed-income mutual fund product STAR Fixed Income 4 Kelas Utama to expand investment options amid a need for more stable instruments. The product targets priority customers seeking returns from bond instruments with measured risk. The product, launched at the Indonesia Stock Exchange on Tuesday (9/6/2026), is managed by PT Surya Timur Alam Raya Asset Management as the investment manager. The portfolio composition is focused on debt securities at 80 percent to 100 percent, with a maximum money market portion of 20 percent. Bank Sinarmas assesses that the need for bond-based investment instruments is increasing as market conditions fluctuate. 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 said the product is intended as a more structured investment alternative for customers. “Through STAR Fixed Income 4 Kelas Utama, 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 become a relevant, transparent investment solution that suits customer needs amid evolving market dynamics,” said Frenky on Tuesday (9/6/2026). He explained that the product is marketed exclusively through Bank Sinarmas and targets investors with a need for quality bond-based portfolios. Retail Banking Director of Bank Sinarmas Miko Andidjaja said customer interest in investment products has continued to increase in recent years. “Since 2023, Bank Sinarmas as an APERD has recorded stable annual growth of 29 percent in investment product distribution activities,” said Miko. According to him, this trend reflects increased 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 security of investor fund management. Bank Sinarmas considers strengthening access to investment products as an important factor in promoting financial literacy and inclusion. Bond-based products are seen as an alternative for investors avoiding 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 need for investment instruments with measured risk will continue to rise along with increasingly uncertain global and domestic financial market dynamics.