Partnerships in Distribution of Mutual Fund Investment Products between PT Sucorinvest Asset Management and PT Bank Danamon Indonesia Tbk

Press Release / 30 January 2024

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Jakarta, 30 January 2024 – PT Sucorinvest Asset Management (Sucor AM) and PT Bank Danamon Indonesia Tbk (Danamon) held a Press Conference on Partnerships in Distribution of Mutual Fund Investment Products 2024 at The Raffles Hotel Jakarta, on Tuesday (30/01/2024). This event was held as a continuation of the collaboration that was signed on 13 December 2023, as well as the launch of four Sucorinvest Mutual Fund products that will be offered at Danamon, namely: Sucorinvest Money Market Fund (SMMF), Sucorinvest Monthly Income Fund (SMIF), Sucorinvest Premium Fund (SPF), and Sucorinvest Equity Fund (SEF).

In his special remarks on the press conference agenda, Sucor Asset Management CEO Jemmy Paul Wawointana, gave an explanation of the growth of the Mutual Fund industry until 2023 and the potential in 2024. Jemmy Paul Wawointana also announced Sucor AM's collaboration with Danamon and the company's optimism about this collaboration.

"Looking at the growth potential of the mutual fund industry in 2024, as well as market insights for 2024, we are providing great opportunities for the public to invest in mutual fund products. We are collaborating with Danamon to provide a more varied choice of mutual fund products according to investors' needs and to make it easier to obtain these products," explained Jemmy.

This Press Conference event was also attended by Ivan Jaya as Consumer Funding & Wealth Business Head of PT Bank Danamon Indonesia Tbk, explaining that this collaboration is part of Danamon's strategy to expand investment options that can help loyal Danamon customers control their financial needs and goals.

"We are proud to be able to work with Sucor AM to further complement the Mutual Fund product offering at Danamon. We see that Sucor AM is one of the leading investment managers in Indonesia which has mutual fund products with a good performance track record. We hope that Danamon customers can get increasingly varied choices in investing in order to diversify their portfolios, and are ready to face dynamic market situations so that they can realize every positive opportunity in investing," he said.

For the record, with more than 700 thousand customers, Sucor AM understands the important role of retail customers in the growth of the capital markets industry and the company's success. Through this event, Sucor AM realizes their company vision: "To Help People Create Wealth and Maintain It, So They Can Celebrate Life"

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