HSBC Indonesia Introduces Batavia Gold Sharia Equity USD, Providing Access to Gold Mining Stocks
PT Bank HSBC Indonesia (HSBC Indonesia) is strengthening its wealth management business line by introducing the Batavia Gold Sharia Equity USD mutual fund. This Sharia-based equity fund, managed by PT Batavia Prosperindo Aset Manajemen (BPAM), provides customers with access to a fund focused on investing in gold mining and precious metal companies globally. The fund also offers investment flexibility across various market capitalisations.
Why gold and why now? In HSBC’s research, ‘Invest with Experts: Our Outlook for Gold Remains Positive Amid Ongoing Geopolitical Conflict’, Rodolphe Bohn, FX and Commodities Strategist at HSBC Private Bank and Premier Wealth, noted that while Middle East conflicts trigger short-term volatility—including a record USD 5,415/oz in January 2026 followed by a correction of approximately 20%—the medium-to-long-term prospects for gold remain positive.
For global investors, gold is increasingly viewed not merely as a hedging instrument, but as a strategic long-term asset within a portfolio. According to the HSBC Global Affluent Investor Snapshot 2026, a survey of nearly 10,000 affluent and high-net-worth investors across 10 global markets, gold (both physical and digital) is now the third most widely held asset globally, reaching 41% among Gen Z.
Looking ahead, 9 out of 10 global investors plan to maintain or increase their gold allocations, showing the highest level of confidence compared to other asset classes in the survey. Gold ownership is particularly prominent in India (61%), the United Arab Emirates (49%), and China (49%), reflecting a shift in perception towards gold as a strategic long-term growth asset.
This trend aligns with HSBC’s ‘defend and grow’ theme, where investors combine stable core holdings with tactical diversifiers like gold to navigate geopolitical and economic uncertainties. This rising interest in gold generally provides a boost to the stocks of gold mining and precious metal companies, as the performance of these companies historically aligns with gold price trends and demand.
Responding to this trend, Lanny Hendra, International Wealth and Premier Banking Director at HSBC Indonesia, explained, “We see significant interest among investors regarding gold investment. Through Batavia Gold Sharia Equity USD, customers can gain exposure to gold mining and precious metal companies, which also benefit from these positive trends.”
Positive medium-to-long-term prospects: This positive outlook for gold prices has historically supported the performance of gold mining and precious metal stocks, given that the revenues and margins of these companies are generally sensitive to gold price movements. However, it should be noted that the performance of gold mining stocks is also influenced by company-specific factors such as production costs and management execution, meaning their movements do not always move one-to-one with the price of gold itself.
Lilis Setiadi, President Director of PT Batavia Prosperindo Aset Manajemen, added, “As the role of gold in portfolio diversification increases, Batavia Gold Sharia Equity USD is here to provide access to the potential growth of the global gold industry through investment focused on gold mining companies with strong fundamentals and long-term prospects.”
About Batavia Gold Sharia Equity USD: Batavia Gold Sharia Equity USD is an actively managed equity mutual fund compliant with Sharia principles, aiming to provide potential returns to unit holders from instruments aligned with the fund’s investment policy.
Batavia Gold Sharia Equity USD is available to HSBC Indonesia customers with a minimum initial purchase of USD 10,000 and can be easily accessed via the HSBC Indonesia Mobile Banking application or any HSBC Indonesia branch.
As a reminder, customers are expected to always read the product information provided in the prospectus and fund fact sheet, including information on potential investment growth benefits and risk information, noting the risk of a decrease in the value of participation units.