Jakarta, 12 October 2020 – As one of the largest private banks in Indonesia that always stand by the people, PT Bank Central Asia Tbk (BCA) is committed to always providing value added to customers and the people of Indonesia. Seeing the increased need for investment for future planning, one of the efforts that the Bank BCA does to sustain these needs is adding well performing Mutual Funds from PT Schroder Investment Management Indonesia (Schroders Indonesia).
Christine Setyabudhi, Senior Executive Vice President of Wealth Management Division of BCA, said that they offer two products in early October 2020. “Two products have been marketed, namely Schroder Dynamic Balanced Fund and Schroder Dana Kombinasi. Each one has its own selling point and advantages. Both products have established track records and can complement customer’s investment needs, with approximately ±3 years.”
Both of these products are a balanced fund that contains money market instruments, debt securities & equities including deposits managed by Schroders Indonesia. Schroder Dynamic Balanced Fund (SDBF) is a mutual fund that aim to provide an optimum long-term capital growth and has a moderate-aggressive risk. Meanwhile, the SDK has a moderate risk with more manageable fluctuations, because the stake is lower compared to the SDBF.
President of Director of PT Schroder Investment Management Indonesia (Schroders Indonesia) Michael T. Tjoajadi said, “Schroders Indonesia and BCA are working together to present various solutions for customers and the Indonesian people. Schroders Indonesia is an investment management company and a 99% owned subsidiary of Schroders Plc. headquartered in the United Kingdom. It has been around for more than 200 years since 1804.”
In addition, customers will also have the opportunity to get attractive promos for mutual fund purchases through Welma, a mobile application from BCA that is used for investment product purchases such as mutual funds and government bonds, available for download on Google Play Store and App Store. “There is a special promo for the purchase of the SDBF & SDK starting from 12 October for the first 50 investors and for other mutual funds products on Welma. Through the Welma app, customers can easily manage their investment, buy and sell their mutual funds at their fingertips, at anytime and anywhere,” Christine concluded.
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About PT Bank Central Asia Tbk (as of 30 June 2020)
BCA is one of the leading commercial banks in Indonesia with a core focus on transaction banking business and providing loan facilities and solutions to the corporate, commercial & SME and consumer segments. At the end of June 2020, BCA had the privilege of serving 22.5 million customer accounts, processing approximately 30 millions of transactions every day through 1,251 branches, 17,360 ATMs as well as transactions made over the 24-hour internet and mobile banking systems.
PT BANK CENTRAL ASIA TBK
Corporate Secretariat Division – Corporate Communication Sub-Division
Public Relations Bureau
Address : Jl. MH Thamrin No. 1
Menara BCA Grand Indonesia Lt. 20
Jakarta Pusat
Phone : (021) 2358-8000
Fax : (021) 2358-8339
E-mail : humas@bca.co.id
