The first product available is the STAR Money Market Fund, designed for beginner investors due to its strong reputation. According to Yattha, the STAR Money Market Fund offers low-risk investment with a one-year performance of 5.04% as of July 31, 2024, outperforming the average bank deposit interest rate. The fund’s stable growth and high liquidity make it an ideal choice for new investors.

As of August 12, 2024, over 290,000 customers have registered for STAR AM’s services through the DANA app. By the end of July 2024, STAR AM managed over IDR 17.4 trillion in public investments, with more than IDR 7.8 trillion in mutual fund assets across various asset classes. This makes STAR AM the 18th largest Investment Manager in Indonesia out of the 92 registered with the Financial Services Authority (OJK).

This collaboration reflects a broader trend of financial technology (fintech) firms partnering with asset management companies to provide innovative investment solutions to the public. As Indonesia’s fintech ecosystem continues to grow, more partnerships like this are expected to emerge, expanding access to investment opportunities for millions of people and driving the country’s financial inclusion agenda forward. (Uki Ruknuddin)

Baca Juga:
Kredit UMKM Sulsel Tumbuh 5,41 Persen di Tahun 2024, Kredit Mikro Mendominasi
OJK Sebut Ekonomi Sulsel Meningkat 5,08% di TW III, Lebih Tinggi dari Nasional
Kepala OJK Sulselbar Dorong Peningkatan Literasi dan Inklusi Asuransi kepada Masyarakat

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