Information Regarding KIK EBA GIAA01
Information Regarding KIK EBA GIAA01
Mandiri Investasi established Association with LinkAja for Mutual Funds Purchase
Jakarta, July 21st, 2020 – In accordance with the commitment to expand business in retail market, PT Mandiri Manajemen Investasi or Mandiri Investasi is now officially work with electronic payment platform PT Fintek Karya Nusantara better known as LinkAja.
Market Buzz : #StayAtHome Investing
How is the current market situation? The virus has taken a big hit on the consumption behaviour across the nation. Jakarta as the epicentre of economy and the most infected cases has started to impose a stricter rule to curb the social life of the population. It will also affect the other cities like Bandung, […]
Market Buzz : #StayAtHome Investing
How is the current market situation? The virus has taken a big hit on the consumption behaviour across the nation. Jakarta as the epicentre of economy and the most infected cases has started to impose a stricter rule to curb the social life of the population. It will also affect the other cities like Bandung, […]
Mandiri Investasi Launches New ABS Product : Mandiri GIAA01
PT Mandiri Manajemen Investasi with PT Garuda Indonesia launch Asset Backed Securities Collective Investment Contract (KIK EBA) Mandiri GIAA01 with total worth of Rp2 trillion, divided into 2 class, A and B.
KIK EBA Mandiri GIAA01 class A done by public offers to strategic investor and record prime instrument EBA Mandiri GIAA01 class A in Indonesia Stock Exchange (BEI) on July 31, 2018 (opening stock). KIK EBA Mandiri GIAA01 that will be listed in the stock is EBA Class A, receive AA+ rate from Pefindo yielding 9,75% PA and 5 years tenor (due date on July 27, 2003) worth Rp1,8 trillion, where this principal value will decrease proportionally every year. As for class B get done from limited offers worth 200 billion for similar tenor and unfixed yield.
KIK EBA Mandiri GIAA01 is the first financial asset securitization instruments in Indonesia, which makes the income rights from airplane ticket sales as underlying, means income rights from ticket sales from Jeddah and Madinah routes.
Mandiri Investasi Issued Infrastructure Funds MJPT001 and Private Funds MIET
PT Mandiri Manajemen Investasi (MMI) launch innovative product in Indonesia capital market sector, where this time MMI introduce an alternative investment called KIK-DINFRA and RDPT to fulfill investment solution and alternative financing to infrastructure development in Indonesia. Aside from being the largest investment manager, MMI is innovative investment manager as the pioneer of alternative investment product, like KIK EBA, RDPT, and the latest product launch coincide with IMF-World Bank in Bali, is KIK-DINFRA. With this alternative product, MMI diversified as well as differentiating with other investment manager companies in Indonesia.
KIK-DINFRA MJPT001 will invest in infrastructure asset from PT Jasamarga Pandaan toll road, subsidiary from PT Jasa Marga (Persero) Tbk. (JSMR) with target of total investment value is Rp 1,5 trillion. KIK-DINFRA excellence compared with other investment product is KIK-DINFRA has flexibility in the management, where investment manager could place KIK-DINFRA investment funds on equity securities, debt securities, as well as physical infrastructure projects at once. Then, KIK-DINFRA respond to investor’s needs to diversify investment outside securities effects traded on exchanges such as shares of public companies and bonds.
Besides KIK-DINFRA MJPT001, MMI with JSMR had launch RDPT MIET on July 2018. The target of total investment value RDPT MIET is Rp3 trillion. RDPT MIET publishing get positive welcome from local and foreign investors at Indonesia Investment Forum 2018 in Bali. Local investor supporting infrastructure sector through RDPT MIET such as Taspen, ASABRI, Jasa Raharja, Indonesia Infrastructure Finance, and WanaArtha Life. Also, foreign investor such as Allianz and AIA presents to give commitment financing infrastructure projects cooperation through this MIET RDPT Investment.
Previously, MMI had been publishing alternative products, like RDPT Mandiri Infrastructure Equity that invested in renewable energy, Asset Backed Securities Collective Investment Contract with JSMR (JSMR01 Mandiri KIK-EBA) in 2017 that gets interest up to 5,1 trillion or 2,7 times the excess demand from the total issuance value. In July 2018, MMI with PT Garuda Indonesia (Persero) Tbk. succeed to launch KIK EBA Mandiri GIAA01 worth Rp2 trillion, divided into 2 classes, A and B.
Until September 2018, MMI AUM mutual funds, including KIK EBA and RDPT reaching Rp 49 trillion, allowing MMI to maintain number 1 in the rank of AUM in the national mutual funds industry.
MMI committed to keep contribute to infrastructure development in Indonesia through alternative funding scheme for issuers or corporations, and help investors to fulfill investment needs through product development and innovative investment solutions.