Collaborating with Principal Asset Management and tanamduit, Investree Lenders Can Now Invest More Easily, 18 February 2020
Jakarta, 18 February 2020 - Today, Investree (PT Investree Radhika Jaya) announced cooperation with international asset management company (AM), PT Principal Asset Management, and Investment Fund Selling Agent (APERD) which has long been an Investree partner, tanamduit (PT Star Mercato Capitale), by signing a Mutual Fund Facility Cooperation Agreement between Investree, tanamduit, and Principal Asset Management. This collaboration is a form of commitment of the three parties in increasing financial inclusion in Indonesia through digital technology. The event was held at William’s Casual Dining in SCBD, Jakarta, and was attended by Investree, tanamduit, and Principal Asset Management officials.
After the signing of this cooperation, Investree Lenders can invest their funds in investment products issued by Principal Asset Management as AM, namely Reksa Dana Principal Cash Fund and Principal Cash Fund Syariah through tanamduit assistance as APERD which has been licensed and overseen by the Financial Services Authority (OJK). Both products will be included in the Reksa Dana for Lender service owned by Investree as an effort to expand the access to investment for users, especially novice investors who are looking for safe but still profitable investment alternatives. Access to investing in this money-market-type of fund will be available at www.investree.id and Investree for Lender mobile application.
Principal Asset Management Chief Executive Officer, Agung Budiono, mentioned, "Principal is committed to continue to innovate with the support of digital technology in order to reach various segments of the public on investment products. Collaboration with Investree and tanamduit is expected to open access to investment transactions more broadly and easily." Principal itself has more than 20 years of experience in managing customer funds in Indonesia. By presenting Conventional and Sharia Money Market Mutual Fund Products together with Investree and tanamduit, Principal intends to facilitate the access to mutual funds in accordance with the needs of the Lenders at Investree.
Investree Co-Founder & CEO, Adrian Gunadi, added, "As a continuation of the partnership that has existed between Investree and tanamduit, we welcome Investree's new partner, Principal Asset Management, as a leading AM company in Indonesia. Being aware of Investree's position as a pioneer of fintech lending, we are committed to continuing to bring out innovations that are beneficial for people who are already financially and technologically literate, especially Lenders at Investree - and this is one of them. We would like to invite them to know more about the variety of investment products and diversify their portfolios, moreover this cooperation has sharia products. It can be a smart choice for investors who want to invest according to Islamic principles. "
Meanwhile, Tanamduit Co-Founder, Rini Hapsari, revealed, "Tanamduit as a digital wealth management platform is committed to always ensure the safety of investors in conducting transactions, as well as providing convenience and comfort to investors. We provide comprehensive assistance in executing financial plans and monitor the progress of investment achievements by providing self-learning facilities for people who are still unfamiliar with investing in mutual funds and helping them find out their risk profile. Thus, tanamduit can recommend products that are in accordance with the character and needs of the community." Currently, tanamduit has around 180,000 investors who already own mutual fund accounts.
The results of this collaboration between Investree, tanamduit, and Principal Asset Management in Conventional and Sharia Money Market Mutual Fund products are presented as added value and alternative investment choices for Lenders at Investree to diversify their Cash-in-Hand (CIH) fund portfolios in their Investree account. In addition to the 100% online process in a short time, this investment product is also assuring, since Mutual Funds with Money Market type have risks that tend to be low from the default aspect, the reduction in Net Asset Value (NAV), and liquidity. It is hoped that people will be more eager to gain attractive returns more safely and comfortably.
