Jakarta, Thursday 12 Desember 2019- PT KISI Asset Management (KISI-AM) launched three mutual fund products today. These three products, which include equity fund, fixed income and money market, were launched shortly after KISI AM successfully launched its first mutual fund product, the KISI IDX Value30 ETF.

President Director of KISI-AM Mustofa said that Indonesia"s relatively stable macroeconomic conditions provide the right moment to launch these three mutual funds. The relatively low inflation rate at 3.00% on a year-on-year basis, stable USD / IDR exchange rate, growing current account deficit in the third quarter, and trade balance surplus of USD 161.3 million proves Indonesia’s economic stability in the midst of a global economic slowdown due to a trade war between the United States and China.

KISI Equity Fund focuses on 25 to 35 stocks that are performing well on the Indonesia Stock Exchange. Customer funds are invested in companies that have strong business fundamentals with reasonable valuation. KISI Equity Fund aims to produce maximum return in the long run. The relatively low management fee is also an additional factor of the KISI Equity Fund that will attract investors.

Meanwhile, the KISI Fixed Income Fund, was launched when the Indonesian bond market, particularly Government Bonds, was in a bullish trend, where currently, one of the benchmark performance of Indonesian bonds, the BINDO index, recorded a return of 13.71% year-to-date. By investing in government bonds and corporate bonds, it is expected that KISI Fixed Income Fund can generate optimal returns for investors.

Whereas the KISI Money Market Fund is intended to produce returns on bank deposits, and another advantage over time deposits is that they can be redeemed at any time to optimize the liquidity needs and returns of investors. KISI AM will allocate 80% to 90% of KISI Money Market fund in bonds with a maturity of not more than 1 year or with remaining maturity of not more than 1 year to increase yields, while the rest are in deposits.

The three mutual funds are targeted to raise funds under management of Rp250 billion each until by the end of this year. At the end of 2020 the company targets managed funds to reach Rp 1.5 trillion to Rp 2 trillion from the mutual funds issued.

About KISI Asset Management

PT. KISI Asset Management (KISI AM) is an Investment Manager company which is a subsidiary of Korea Investment & Indonesian Securities (KISI), established on March 27, 2019. The company officially operates as an Investment Manager according to the OJK decision in 2019 dated July 23 with number KEP-50/D.04/2019.

KISI AM is managed by a team of experienced professionals in the Indonesian capital market and supported by Korea Investment Securities (KIS), one of the largest securities companies in South Korea, which has been experienced through its subsidiaries namely Korea Investment Management (KIM) and Korea Investment Value Asset Management (KIVAM) manages mutual funds with total managed funds of more than 650 trillion Rupiah.

KISI AM manages the investment funds of its customers professionally and independently by prioritizing the aspects of GCG (Good Corporate Governance) with international standards that have been carried out for more than 40 years by the holding company in South Korea.

For further information, please contact :

Agus Sugianto

Director

PT. KISI Asset Management

Equity Tower 9th FI.Suite A, SCBD,

Jl Jend Sudirman Kav. 52-53, Jakarta 12190

Telepon : +62-21-2991-1808

Email: agus.sugianto@kisi-am.co.id