14 Aug 2017

Jakarta (14/8/2017) - PT Eastspring Investments Indonesia ("Eastspring") and PT Phillip Sekuritas Indonesia ("Phillip Sekuritas") today officially announced a strategic partnership to offer mutual funds to investors through Phillip’s On-line Electronic Mart System (POEMS) platform, one of the most powerful online trading platforms in Asia.

Through POEMS platform, Eastspring will distribute two equity funds, Eastspring Investments Alpha Navigator and Eastspring Investments Value Discovery, as well as one fixed income fund, Eastspring Investments IDR High Grade. Both equity funds aim to provide attractive returns in the long run by investing in listed Indonesian equities and are suitable for investors with aggresive risk profiles. The fixed income fund aims to provide returns in the medium term through investment in Indonesian Government bonds and high quality corporate debt as well as domestic money market instruments, and is suitable for investors with a moderate risk profile.

Daniel Tedja, President Director of PT Phillip Sekuritas Indonesia Indonesia, said: "We are delighted to be working with Eastspring, one of the largest investment managers in Indonesia, and the leading asset manager in Asia. These three additions complement the existing range of mutual fund products on our online mutual fund supermarket platform and will help our clients meet their different investment needs.

Commenting on the addition of online capability to Eastspring’s Indonesian distribution network, Alan Darmawan, President Director of Eastpsring Investments Indonesia, said: "With the reliability, wide coverage and ease of transacting on the POEMS platform, we believe that our mutual funds will appeal to a wider range of investors in Indonesia, including millennials. This partnership furthers our commitment to develop Indonesia’s capital markets through investment products for Indonesia’s growing middle and affluent population, which is expected to reach 141 million by 2020."

The three mutual fund products distributed through POEMS demonstrated good performance from the beginning of the year to the end of July 2017. Eastspring Investments Alpha Navigator and Eastspring Investments Value Discovery's Equity Funds each respectively returned 12.89% and 13.86%, higher than the Jakarta Composite Index (JCI) which grew 10.27%. Meanwhile, Eastspring Investments of IDR High Grade had a return of 8.45%, in line with its benchmark, IBPA INDOBeX Government Bond Index, which appreciated 9.06%.

Eastspring distributes funds through other online platforms in Asia, including POEMS in Singapore and Hong Kong and through FundSupermart.

About Phillip Sekuritas Indonesia

PT Phillip Sekuritas Indonesia ("PSI") is one of foreign securities companies listed in the Jakarta Stock Exchange since 1996 and supervised by the Indonesia Financial Services Agency (OJK). As of today, PSI has more than 26 branches and 25 investment galleries all over Indonesia. PSI is part of Phillip Capital Group headquartered in Singapore with 16 regional network across America, Europe and Asia. PSI has a flagship online trading platform called Phillip’s On-line Electronic Mart System (POEMS) which one of the pioneers of online trading system in Indonesia. POEMS is a multifunctional online trading platform where customers can carry out stock and mutual fund transaction within one platform. POEMS can be accessed via PC / Notebook, smartphone (iPhone, Android) and iPad making it easier for customers to invest. The online supermarket mutual fund feature of POEMS now has 25 choices of investment managers and 109 mutual fund products (as of 01 August 2017). PSI has also launched PEOMS Syariah, an online trading system based on sharia which enable customers to invest to stock and sharia mutual fund within one platform.

About Eastspring Investments Indonesia

PT Eastspring Investments Indonesia is one of largest asset management companies in Indonesia with AuM of more than IDR 66.5 trillion as per 31 July 2017. Supported by qualified and experienced professionals in the field of investment management and mutual funds, Eastspring Investments Indonesia is fully committed to provide qualified financial services to meet various investment needs.

Since acquiring its license from the Capital Market and Financial Institution Supervisory Agency in April 2012, PT Eastspring Investments Indonesia, has launched eight mutual funds including two equity mutual funds and three fixed income mutual funds, one money market fund and two sharia funds. As of today, PT Eastspring Investments Indonesia’s mutual funds are distributed through ANZ, Commonwealth Bank, CTBC Indonesia, HSBC, Mandiri Sekuritas, Permata Bank, Phillip Sekuritas Indonesia dan Standard Chartered Bank. Eastspring Investments Indonesia is also committed to continue developing Indonesia’s financial and capital market industry by participating in various investor education activities such as conducting Eastspring Tour de Campus, a seminar on investment education and career in capital market in some universities including Andalas University, Padjajaran University, Gadjah Mada University, University of Lampung and Bina Nusantara University. Eastspring Investments Indonesia is also actively publishing writings on investment for customers, media and public which can be easily accessed through www.eastspring.co.id.

About Eastspring Investments

Eastspring Investments is a leading asset manager in Asia that manages over USD 170 billion (as at 30 June 2017) assets on behalf of institutional and retail clients. Operating in Asia since 1994, Eastspring Investments is the Asian asset management business of Prudential plc, an international financial services company1. We are located in 10 major Asian markets namely Japan, South Korea, Taiwan, Hong Kong, Singapore, Indonesia, Malaysia, Vietnam, China, and India, plus offices in North America and Europe.

We provide investment solutions across a broad range of asset classes including: equities, fixed income, global asset allocation, infrastructure and alternatives. Our investment teams are specialists in their respective fields, supported by the global resources made available through our relationship with Prudential plc and are committed to acting in the best interests of our clients and delivering optimal investment outcomes over the long term.

Eastspring Investments is named Asia Fund House of the Year in the 2015 AsianInvestor Asset Management Awards.

Together with Eastspring Investments, Prudential Corporation Asia (PCA) comprises the life insurance businesses of Prudential plc in Asia spanning 13 markets: Cambodia, China, Hong Kong, India, Indonesia,

Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam. Prudential plc is an international financial services group with operations spanning Asia, the US and the UK.

1Prudential plc, incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups and has been in existence for over 166 years. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

DISCLAIMER

INVESTMENT IN MUTUAL FUND CONTAIN RISKS, PRIOR TO INVESTING IN MUTUAL FUND, INVESTOR MUST READ AND UNDERSTAND THE FUND PROSPECTUS.PAST PERFORMANCE DOES NOT INDICATE FUTURE PERFORMANCE. PT EASTSPRING INVESTMENTS INDONESIA IS AN INVESTMENT MANAGER INSTITUTION THAT IS LICENSED, REGISTERED AND SUPERVISED BY THE INDONESIA FINANCIAL SERVICES AUTHORITY (OJK).

 

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