ecurities firm Mandiri Sekuritas has launched an online platform for mutual fund trading, branded MOST Fund, which currently offers 34 mutual fund products from 11 fund managers.
The 11 fund managers include CIMB Principal Asset Management, Eastspring Investments and Aberdeen Asset Management.
While not the first such platform in the industry, MOST Fund distinguished itself with a fund scoring feature, Mandiri Sekuritas president director Silvano Rumantir said during the launch at the Indonesia Stock Exchange (IDX) building in South Jakarta on Tuesday.
The scoring feature provides an assessment of a mutual fund's performance and risks, calculated using the firm's methodology.
Applications can be downloaded from the Apple Store and Google Play for both mobile and desktop devices.
"Our MOST Fund and its fund scoring feature give comprehensive guidance to customers wishing to invest in mutual fund products," he said.
Silvano expressed his hope that MOST Fund would gradually become an integrated platform and a one-stop shop for investors wishing to invest in the capital market. "We hope Mandiri Sekuritas's offering is lucrative for both our customers and partners," Silvano said. (bbn)
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