BRI introduces Batavia USD mutual funds on BRImo app

Jakarta (ANTARA) - PT Bank Rakyat Indonesia (Persero) Tbk, or BRI, is strengthening its wealth management services by introducing US Dollar (USD) based mutual fund products from Batavia Prosperindo Aset Manajemen through the BRImo super app and BRI service units.

Through this collaboration, BRI is offering three mutual fund products, namely Batavia China Sharia Equity USD, Batavia Technology Sharia Equity USD, and Batavia USD Bond Fund.

BRI Director of Consumer Banking, Aris Hartanto, stated in Jakarta on Monday that the strengthening of wealth management services is being continuously carried out in line with the growing customer demand for increasingly diverse investment options.

According to him, the integration of investment services into BRImo is part of BRI’s strategy to provide a more practical and integrated financial experience for customers.

Aris added that the presence of these USD mutual fund products simultaneously expands the investment alternatives accessible via BRImo, allowing customers to manage banking transactions and investments within a single platform.

“Moving forward, we will continue to strengthen our wealth management services and enrich the choice of products and services relevant to customer needs,” said Aris.

Furthermore, the company stated that this collaboration is part of an effort to expand investment options for customers amidst evolving global market dynamics.

In addition to providing ease of access through digital platforms, the partnership also offers customers the opportunity to gain exposure to various investment themes in the international market.

The three Batavia USD mutual fund products offer different investment characteristics, ranging from exposure to growth sectors in China and the global technology industry to US Dollar-based government bond instruments.

Batavia China Sharia Equity USD invests in shares of companies in China, including Hong Kong SAR and Taiwan, focusing on long-term growth themes such as artificial intelligence (AI), humanoid robots, consumption recovery, and the electric vehicle supply chain.

Meanwhile, Batavia Technology Sharia Equity USD provides exposure to global technology and communication sector companies that are vital components of the digital economy’s development.

Lastly, the Batavia USD Bond Fund invests in US Dollar-based government bonds using a short-term duration strategy to help maintain measured portfolio volatility.