Simply open Jenius App,
select Wealth on the bottom screen
navigation, then select the Investment
menu to start investing on mutual
fund and grow your wealth faster.
Simply open Jenius App,
select Wealth on the bottom
screen navigation, then select
the Investment menu to start
investing on mutual fund
and grow your wealth faster.
To open a mutual fund account, you must take the risk profile quiz to understand your tolerance level towards investment risk and suitable product category composition.
The quiz is simple.
Just answer six questions to know your risk profile that will be valid for one year.
If your risk profile is already expired, you need to retake the quiz to get a new risk profile to continue buying/selling mutual funds.
No need to fill out a lot of data to open your mutual fund account. You only need to give your last education level, then agree to the terms & conditions.
After your application is submitted, your data will be verified up to a maximum of two bourse days.
To make the verification faster, make sure you are already using your latest and valid private data.
What are your investment goals?
To buy your wish list?
To prepare an education fund?
To save pension fund?
Whatever your goals are, let’s make it happen by creating an investment portfolio that will be a home for your mutual fund products.
You only can make one portfolio in Jenius.
To help you fill your portfolio, Jenius prepared a product category composition with specific percentage based on your risk profile.
You also can make this percentage as the reference before buying mutual funds or making your own composition based on your needs.
There are two options to help you find the right mutual fund.
Currently, there are 17 mutual fund products available. See more in Jenius App.
Simply purchase your selected mutual fund.
No fund transfer.
No hassle of e-wallet top up.
No need to connect your account because your purchase will deduct Active Balance.
Redeem your investment, by selling the mutual fund from your portfolio.
For your info, each product may have a different policy for minimum sale amount and verification time.
Open the wealth page to access this information:
Return information in IDR as well as the
percentage value Want to change portfolio name?
Access your portfolio page,
then tap the top right icon.
Find some confusing terms when you want to invest? Let’s find out the meaning!
The party who managed administration includes ensuring all transactions by fund managers abide to the rules, as well as safe keeping for mutual fund assets.
Monthly report of mutual fund products which are published by fund managers, consist of the mutual fund performance, portfolio info, and asset under management.
Days on which securities trading on the stock exchange is conducted, namely Monday through Friday, except public holidays or days defined as a holiday by the stock exchange.
A mutual fund is a vehicle for collecting funds from investors to be invested in a securities portfolio by an Investment Manager. Securities can include deposits, stocks, bonds, and others.
The combination portfolio of these securities will form mutual funds with different proportions and risk levels. Therefore, make sure that you always read and understand the Prospectus and Fund Fact Sheet available before investing in any mutual fund.
Jenius acts as a Mutual Fund Securities Sales Agent (APERD) that offers products from selected Investment Managers.
Complete information about the mutual fund investment feature in Jenius can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
Yes, you need to update the Jenius app to the latest version via Google Play Store or App Store to access the mutual fund investment feature in Jenius.
If you don’t have a Jenius account yet, you need to open one first before you can invest in mutual funds.
After that, you can select the Wealth menu, answer some questions to determine your risk profile, and complete the investment account opening process on the Jenius app.
Jenius and PT Kustodian Sentral Efek Indonesia (KSEI) will verify all your data. If successful, Jenius will provide a notification that your investment account is active.
Through the Jenius app, you can access quality mutual fund products from selected investment managers. Jenius also provides investment allocation based on your risk profile to optimize your investments.
In addition, you can also transact more easily because you only need to transfer funds from Active Balance without switching apps.
Complete information about the mutual fund investment feature in Jenius can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
The main differences between mutual funds and deposits can be observed from the manager, money storage, initial capital, returns, taxes, and risks.
Manager — Deposit funds are managed by banks to be distributed as credit to other customers. Meanwhile, mutual fund money is managed by investment managers and invested in various instruments such as stocks, bonds, and money markets.
Money storage — When taking deposits, your money will be stored in the bank. All money returns depend on the health of that bank. When buying mutual funds, your money is placed in various investments.
Initial capital — Depending on bank policy, initial deposit amounts range from IDR500,000 to IDR10,000,000. Meanwhile, mutual fund investments are more affordable with minimum purchases starting from IDR10,000.
Returns — Banks determine interest rates from the beginning when you open a deposit account. The interest you receive will always remain fixed according to the initial account opening agreement. This is very different from mutual funds, where returns are determined based on investment manager management. A mutual fund’s performance will be influenced by its investment composition. Therefore, make sure you always read the Prospectus and Fund Fact Sheet to know all important information about the mutual fund you want to buy.
Tax — Banks impose a 20% tax on total deposit returns, while mutual fund investments are not subject to tax. This is based on Income Tax Law article 4 paragraph 3 point i, which explains that mutual funds are not tax objects.
Risk — Deposits have low risk and are guaranteed by the Deposit Insurance Corporation (LPS) up to IDR2 billion. If at any time the deposit-providing bank goes bankrupt, your money will not be lost. Meanwhile, mutual fund products have varying risks, depending on their type. Once again, make sure you always read the Prospectus and Fund Fact Sheet before buying mutual funds to avoid unwanted risks.
Information about the differences between mutual fund products and deposits can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
Yes, Jenius from Bank SMBC Indonesia is supervised by the Financial Services Authority (OJK) and guaranteed by the Deposit Insurance Corporation (LPS).
Your money and mutual funds are safely stored at the Custodian Bank. In addition, Jenius also uses a two-layer security system with the latest technology.
However, if what you mean is security in terms of returns, Jenius cannot guarantee that. Mutual fund investments always contain risks and are entirely the personal responsibility of the investor. Make sure you always read the Prospectus and Fund Fact Sheet of every mutual fund you want to buy.
SID, or Single Investor Identification, is a single identification number for Indonesian capital market investors issued by KSEI (Kustodian Sentral Efek Indonesia/Indonesia Central Securities Depository).
SID functions as a single identity and must be owned by an investor. With SID, all your transactions will always be recorded through the KSEI AKSes system from any APERD application you use.
Yes, you need to update the Jenius app to the latest version via Google Play Store or App Store to access the mutual fund investment feature in Jenius.
Correct. The SID number is the same for all mutual fund purchase platforms, because SID is a single identification number for Indonesian capital market investors.
The SID number will be sent via email by Jenius after the investment account opening process is successful. You can also find it through the KSEI AKSes website.
AKSes is a facility provided by KSEI (Kustodian Sentral Efek Indonesia/Indonesia Central Securities Depository) so that investors like you can directly monitor your investment portfolio in the Indonesian capital market. Through the AKSes facility, you can view mutual fund ownership reports (account statements) from the Custodian Bank (BK).
You can open the KSEI AKSes page at www.akses.ksei.co.id and select the Guide menu for more information.
Risk profile is your level of tolerance as an investor towards investment risk. The risk profile quiz is a mandatory quiz you must complete so you can better understand the mutual fund composition that matches your risk tolerance.
Complete information about risk profile can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
There are 5 risk profiles in Jenius: conservative, moderate conservative, moderate, moderate aggressive, and aggressive.
Complete information about risk profiles can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
Yes, but you need to inform Jenius that you understand and comprehend that the product purchase you make may differ from your risk profile, and you have understood all risks related to such activity.
Complete information about risk profiles can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
Yes, you can retake the risk profile quiz in the Jenius app to change your risk profile.
Your risk profile is valid for 1 year.
You can see the risk profile expiration date in the Jenius app in the Wealth page, to the Investment menu, and tap Your profile risk.
If your risk profile has expired, you cannot make purchase transactions. You can retake the quiz to update your risk profile.
Yes. Your risk profile in the Jenius app will be updated with the risk profile results you complete at an SMBC Indonesia Branch.
Product category is the division of mutual funds based on their composition.
Money market contains mutual funds that place their managed funds in money market instruments. They have the lowest price fluctuation.
Short-term bonds contain fixed income mutual funds and mixed mutual funds that mostly choose short-term bonds in their investment management. Their price fluctuation is not too high.
Long-term bonds contain fixed income mutual funds that have long-term bonds as their main composition. These mutual funds have quite high price fluctuation.
Equity contains mutual funds that have at least 80% stock assets in their investment composition. They have the highest price fluctuation among other mutual funds.
Complete information about product categories can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
Ideal portfolio allocation is an allocation that has been adjusted to your risk profile.
Complete information about ideal portfolio allocation can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
English:
http://jenius.com/en/app/investasi/reksadana
This percentage can change depending on interest rates, inflation rates, Indonesia’s macroeconomic conditions, global financial conditions, industry conditions, and so on.
Complete information about ideal portfolio allocation can be accessed through the following page:
Indonesian:
http://jenius.com/app/investasi/reksadana
An investment manager is a professional party that manages your investments through mutual fund products and must have obtained permission from OJK.
Jenius through Bank SMBC Indonesia has a due diligence process (strict selection) to choose Investment Managers that are trusted and have good performance.
Investment Managers currently available in Jenius are Manulife Asset Management Indonesia, Schroders, Ashmore, BNP Paribas, Mandiri Investasi, Syailendra Capital, and BNI Asset Management.
The list of Investment Management in Jenius can change at any time following the due diligence process (strict selection) from Bank SMBC Indonesia. Check regularly for updates.
Information about mutual funds available in Jenius can be accessed through the Jenius app.
The way is to open the Jenius app, tap the Wealth page, select the Investment menu, select View products in the mutual funds section, then scroll to see mutual fund products based on its Fund Manager or category.
The list of mutual funds available in Jenius can change at any time following the due diligence process (strict selection) from Bank SMBC Indonesia. Check regularly for updates.
Additional option in mutual fund feature to do automated top up based on your preference.
You have the freedom to choose the amount, frequency, starting date, and the terms to end the transactions.
You can do mutual fund top up automatically and you have the freedom to choose the amount, starting time, and the frequency so you can achieve your financial goals faster.
If Auto Invest is not active:
If Auto Invest is active:
Go to Wealth page, choose Investment menu, then choose portfolio on mutual fund. Then select View Auto Invest detail on the portfolio page.
From the purchase page:
From portfolio:
Auto Invest will automatically deduct your Active Balance according to pre-determined amount, time, and period.
Currently there are 4 options:
Daily Auto Invest will only apply on working days (Monday to Friday) and not applicable on holidays.
If you choose Once or Monthly period, you are free to choose Auto Invest schedule date.
If your chosen date is on weekend, Jenius will debit on that date but the actual mutual fund purchase will follow the next bourse day.
Currently there are 3 ways to stop Auto Invest:
Yes. Auto Invest can be paused and resumed based on your preference.
The automatic top up schedule will be paused until Auto Invest resumes.
Yes. Auto Invest can automatically paused if you have insufficient Active Balance, expired risk profile, or Jenius is experiencing system problems.
On every Auto Invest schedule, Jenius will deduct 3 times on 06.00, 09.00, and 12.00 WIB. If Jenius fail to deduct on the first and second time, there will be notification to ensure you have sufficient active balance. If still fail to deduct on the last time, Auto Invest will be paused automatically.
Make sure you have sufficient Active Balance or renew your risk profile, then go to Auto Invest detail page, select Resume Now or Resume at The Next Period (if paused due to insufficient Active Balance) and select Next (if risk profile are expired).
– Go to mutual fund portfolio page
– Select View Auto Invest detail
– On the Auto Invest detail page, select Next
Yes. You can click Stop at the Auto Invest detail page.
– Go to mutual fund portfolio page
– Select View Auto Invest detail
– On the Auto Invest detail page, select Stop.
All the scheduled Auto Invest will be cancelled.
Yes. You can change the amount, frequency, and the terms to end an ongoing Auto Invest.
– Go to mutual fund portfolio page.
– Select View Auto Invest detail.
– On the Auto Invest detail page, select Edit.
– Make your new changes, then finish process.
All the arrangement (including the transaction fee) will change according to the new details.
– Go to mutual fund portfolio page
– Select View Auto Invest detail
– Track the schedule On the Auto Invest detail page.
– Go to mutual fund portfolio page
– Select Transaction menu.
– Check the transaction history based on time order.
Yes, you can sell or top up your mutual fund in full or partially even when Auto Invest is active.
There is no additional fee for Auto Invest. However, each mutual fund product may have different policy regarding transaction fee.
A prospectus is a document that outlines the profile of a mutual fund, containing information such as the product’s launch date, the track record of the investment manager, investment portfolio details, and other important information.
Meanwhile, the Fund Fact Sheet is a monthly report published by the Investment Manager that provides information on the product’s performance, asset composition, and securities portfolio at the end of each month.
You can find more detailed definitions of each term in the investment glossary available in the Jenius app. Simply open the Jenius app, tap the Wealth page, select the Investment menu, choose the product you want to buy, then scroll down until you see the Glossary icon. Tap it to learn more about investment terms.
A Custodian Bank is a Commercial Bank that provides fund custody services for mutual fund assets.
This bank also offers other services such as receiving dividends, interest, and other entitlements; settling securities transactions; and representing account holders who are its clients.
The Custodian Bank must obtain approval from the OJK and enter into an agreement with the Investment Manager in the mutual fund industry as the authorized party to carry out Collective Custody.
You can find more detailed definitions of each term in the investment glossary available in the Jenius app. Simply open the Jenius app, tap on the Wealth page, select the Investment menu, choose the product you want to buy, then scroll down until you see the Glossary icon. Tap it to learn more about investment terms.
A product’s Risk Level refers to the degree of price fluctuation of a mutual fund unit based on its composition. You can view this Risk Level in each product’s Prospectus.
The Prospectus document can be downloaded via the Jenius app on the Product Detail Page.
For more information about the meaning of a product’s Risk Level, visit the following page:
Indonesian: http://jenius.com/app/investasi/reksadana
English: http://jenius.com/en/app/investasi/reksadana
The type of mutual fund refers to the Prospectus document for each product.
The prospectus document can be downloaded via the Jenius app on the Product Details Page.
Information about mutual fund types can be accessed via the following pages:
Indonesian: http://jenius.com/app/investasi/reksadana
English: http://jenius.com/en/app/investasi/reksadana
Unit of Participation is a unit of measurement that represents your ownership portion in a collective investment portfolio, such as a mutual fund. It is used as the unit for mutual funds, similar to how grams are used to measure gold.
Meanwhile, Net Asset Value per Unit (NAV per Unit) is the fair value of a mutual fund portfolio after deducting the mutual fund’s operational costs, then divided by the number of shares or units of participation that are in circulation or owned by investors during a specific period.
You can find more detailed definitions of each term in the investment glossary available in the Jenius app. Simply open the Jenius app, tap on the Wealth page, select the Investment menu, choose the product you want to buy, then scroll down until you see the glossary icon. Tap it to learn more about investment terms.
Each mutual fund product has a history of price fluctuations since it was first issued by the Investment Manager. These past fluctuations are referred to as the price change history or return history.
This information can give you an idea of a mutual fund’s past performance. However, always remember that a mutual fund’s past performance or historical returns do not necessarily reflect its future performance.
More information about price change history or return history can be accessed through the following page:
Indonesian: http://jenius.com/app/investasi/reksadana
English: http://jenius.com/en/app/investasi/reksadana
Here’s what they mean:
1M means 1 month ago.
3M means 3 months ago.
YTD or Year to Date represents the time range from the beginning of the current year up to today.
1Y means 1 year ago.
3Y means 3 years ago.
5Y means 5 years ago.
Hope this helps.
Information about mutual fund programs or promotions in Jenius will be sent to you via email or push notification. Stay tuned!
Trading day or bourse day refers to the days when securities trading (including mutual funds) takes place on the Exchange, which is Monday to Friday, except when those days fall on national holidays or are declared as holidays by the Exchange.
No, but you can submit a request to close your investor account on the AKSes KSEI page via www.akses.ksei.co.id.
To invest in mutual funds through the Jenius app, you must first have an active Jenius account.
Once that’s done, go to the Wealth page and select the Investment menu. There, you can start the risk profile quiz to assess your investment risk level and complete the investment account opening process within the Jenius app.
Jenius and PT Kustodian Sentral Efek Indonesia (KSEI) will verify all your data. If the verification is successful, you’ll get a notification once your investment account is active.
The investment account opening process in Jenius takes up to a maximum of 2 bourse days after your application has been successfully submitted.
No, there are no fees for creating a mutual fund account.
You can open the Jenius app, go to the Wealth page, and select the Investment tab. In the mutual fund section, you’ll see the status of your mutual fund account opening.
Jenius will also send you a notification and e-mail if your account opening is successful or unsuccessful.
If your mutual fund account application fails, first check the reason stated in the Jenius app.
Open the Jenius app, go to the Wealth page, then select the Investment menu. In the mutual fund section, tap View Application Progress to see the reason for the failure. After that, you can inform the Jenius team about the issue so we can assist you further.
Yes, they can. However, the mutual fund account must still be opened through a Bank SMBC Indonesia branch.
Foreign nationals can have an investment account in Jenius, except for United States citizens due to FATCA regulation restrictions.
No. As an SMBC Indonesia customer who already has a mutual fund account, you don’t need to create a new one. The existing account can be used directly in the Jenius app.
If your SMBC Indonesia account doesn’t appear in Jenius, you can contact your RM or visit the nearest SMBC Indonesia branch.
Once you have a portfolio, you can search for the product you want by investment manager or product category.
Continue the purchase process by entering the amount you wish to invest. Make sure to review all the information displayed before making the purchase.
Once you have a portfolio and mutual fund products, you can select the specific product you want to sell. Continue by entering the amount or number of units you want to sell, and make sure to review all the information displayed before proceeding with the sale.
If the transaction is made by 1:00 PM (WIB) on a bourse day, it will be processed based on the Net Asset Value (NAV)/unit determined at the end of that same bourse day.
If the transaction is made after 1:00 PM (WIB) on a bourse day or on a non-bourse day (including Saturdays, Sundays, or National Holidays), it will be processed based on the NAV/unit determined at the end of the next bourse day.
Your purchase may take up to 2 bourse days to process. Jenius will send you a notification once the transaction is successful or failed.
Your sale may take up to 7 bourse days to process. Jenius will send you a notification once the transaction is successful or failed.
Yes, you can. If the transaction is made after 1:00 PM (WIB) on a bourse day or on a non-bourse day (including Saturdays, Sundays, or National Holidays), it will be processed based on the NAV/unit determined at the end of the next bourse day.
Yes, you can. You can view your transaction history in the Transactions menu within your investment portfolio, or see a full summary of your income and expenses in the Moneytory menu.
If a purchase transaction fails, your funds will be returned to your Active Balance.
If a sale transaction fails, the mutual fund units will be returned to your portfolio. Don’t worry, you can still make other transactions after a while.
Each mutual fund product has different fee policies for mutual fund purchases, depending on the policy of the respective Investment Manager. You can view the details of the applicable transaction fees on the product detail page of the mutual fund you’re interested in.
To do this, open the Jenius app, go to the Wealth page, select the Investment menu, tap Browse products in the mutual fund section, choose a product based on the Investment Manager or category, then scroll to find the information you need.
Hope this helps.
Each mutual fund product has different minimum purchase or sale requirements, depending on the policy of the respective Investment Manager. You can view the minimum purchase or sale details on the product detail page of the mutual fund you’re interested in.
To do this, open the Jenius app, go to the Wealth page, select the Investment menu, tap Browse products in the mutual fund section, choose a product based on the Investment Manager or category, then scroll to find the information you need.
Hope this helps.
Yes, you can. Through the Jenius app, you’re free to sell all the mutual fund units you hold in your portfolio.
No, taxes on mutual fund purchase or sale fees are currently covered by SMBC Indonesia.
For more information about mutual fund taxation, you can visit:
Indonesian:
http://jenius.com/app/investasi/reksadana
Yes, you can sell mutual funds purchased at SMBC Indonesia Branches through the Jenius app, and you can also sell mutual funds purchased in Jenius at the Branches.
No, mutual fund transactions that are already processed or in progress cannot be cancelled. However, once the transaction is completed, you can always sell the mutual fund. If the transaction fails, you may retry or make a new mutual fund transaction.
Hope this helps.
Each mutual fund product has specific rules regarding purchase fees. You can check detailed transaction fees, including purchase fees, on the product detail page in the Jenius app.
For information about any free transaction fee programs, stay tuned for updates via email or push notifications from the Jenius app. Make sure your push notification settings are enabled so you don’t miss out on exciting offers.
Hope this helps.
At the moment, you can’t sell foreign currency mutual fund products through the Jenius app. Stay tuned for future updates on this.
Yes, you can now switch your mutual fund investments directly through the Jenius app.
Simply go to your mutual fund portfolio, tap the three dots icon at the top right of the product, then select Smart Switch. Adjust the switching details as needed, then submit your request.
Make sure the mutual fund you want to switch from meets the minimum switching value required.
Switching is the process of transferring ownership of mutual fund units to another mutual fund under the same Investment Manager.
With switching, you can directly move your investment from one mutual fund to another without the hassle of performing two separate transactions and waiting for settlement.
Just make sure that the destination fund is managed by the same Investment Manager and that your units meet the minimum switching requirement.
To perform a mutual fund switching transaction, make sure you meet these requirements:
Each mutual fund has different policies regarding switching fees. You can find the switching fee details in the fund’s Prospectus or on the product detail page when initiating a switch.
To view the fee on the product detail page, open the Jenius app, go to the Wealth page, and select the Investment menu. Open your mutual fund portfolio, tap the three-dot icon on the top right of the product, then choose Smart Switch.
From the list of available products, you can select each one to see its details, including the applicable switching fee, before proceeding.
Hope this helps.
Your switching transaction takes up to 2 business days to process. Jenius will send you a notification once the transaction is successful or failed.
Yes, you can make periodic purchases through the Auto Invest feature. Open your mutual fund portfolio, tap the three-dot icon at the top right of the product, then select Periodic Purchase. Set up your purchase preferences and submit the request. If successful, the Jenius app will send you a notification each time a periodic investment is made.
Hope this helps.
After having an investment account, you can continue by creating a new portfolio with a name according to your investment goals.
After that, you are free to choose mutual fund products based on investment manager or product category.
Only buy mutual fund products that match your risk profile and whose Prospectus and Fund Fact Sheet you have understood.
Portfolio is a home for various products you invest in to achieve your financial goals.
For now, you can only have 1 portfolio for one account. In the near future, Jenius will develop the number of portfolios you can have.
Currently, you can only change the portfolio name according to your investment goals. Access the portfolio page, then select the edit icon in the upper right corner of the screen.
For portfolio images, they currently cannot be changed. In the near future, Jenius will develop the app’s capability to change your portfolio image.
Currently, you can only edit the portfolio name and cannot delete the portfolio yet.
You can open the Jenius app, click the Wealth page, open the Investment menu, then view the performance of products you own by entering the portfolio you have created.
Monthly mutual fund reports can be downloaded through the KSEI AKSes page at www.akses.ksei.co.id.
Monthly mutual fund reports can only be downloaded through the KSEI AKSes page at www.akses.ksei.co.id.
Jenius cannot provide monthly mutual fund reports because Jenius does not have the authority to issue such reports.
To find this information, you can easily access Investment Insights through the Jenius app.
Open the Wealth page, select the Investment menu, then scroll until you find the Investment Insights area. The articles are always updated weekly with economic conditions, capital market analysis, and investment developments for insights on your purchases or sales.
You can search for mutual fund products that match your risk profile quiz. Make sure to carefully examine each Prospectus and Fund Fact Sheet of every mutual fund you study before buying it.
You can view the return history of each mutual fund through the Jenius app or through personal research via searches using search engines available on the internet.
The best or safest Investment Manager is an Investment Manager that has strong experience in their field.
You can find this out through further research such as how long the Investment Manager has been experienced in managing investment funds, total AUM they manage, their annual return history, and so on.
Time deposit profits depend on the interest rate promised by the deposit-providing bank.
Meanwhile, mutual fund profits depend on the investment composition of the mutual fund, the Investment Manager’s expertise in managing the mutual fund, Indonesia’s and the world’s macroeconomic factors, and so on. To better understand the benefits and risks of mutual funds, make sure you read the Prospectus and Fund Fact Sheet of every mutual fund you’re interested in.
Yes. You can buy mutual funds with USD currency through the Jenius app.
First, you need to have USD Active Balance by activating a USD currency account. Here’s how:
– On the Home page in the Jenius app, tap the + sign above the Active Balance box
– Select the foreign currency you want to activate, which is USD
– Determine the activation purpose from the available options (saving/investment, business transactions, or personal transactions)
– Determine the initial deposit amount, then select Continue
– Make sure your personal data is up to date, agree to the Terms & Conditions, then select Activate USD
– Enter your Jenius password, then select Send
– You have successfully activated an account with USD Active Balance
After successful activation, you can immediately buy any USD mutual fund you want. Open the Wealth page, select Investment menu, go to Mutual Funds, tap View products, select a mutual fund with USD currency, then tap Buy and follow the next steps on screen.
No, you cannot. You must have a USD account and will be directed to open a USD account when you buy USD mutual funds before having an active USD account.
No, you cannot. For the switch to be successful, Smart Switch has requirements, namely the initial and target mutual funds must have:
1. The same currency
2. The same Investment Manager
When you buy USD mutual funds in the Jenius app, the funding source that will be debited is USD Active Balance.
USD mutual fund sale proceeds will be sent to USD Active Balance.
No need, unless you indeed intend to transact (buy, sell, or switch) USD mutual funds through the Jenius app.
Because any USD mutual fund transactions, whether buying, selling, or switching, will require you to have a USD Active Balance account in the Jenius app. You can activate the USD account first before transacting.
Activate your Jenius account immediately.
Hassle free, easy process.
PT Bank SMBC Indonesia Tbk berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI) dan merupakan peserta penjaminan LPS.
PT Bank SMBC Indonesia Tbk berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI) dan merupakan peserta penjaminan LPS.
