Sucor AM Collaborates with BRIDS to Provide Mutual Fund Products on the BRIGHTS

Jakarta, 7 May 2024 – PT Sucorinvest Asset Management (Sucor AM) and BRI Danareksa Sekuritas (BRIDS) held a Press Conference on Cooperation in the Distribution of Mutual Fund Investment Products through the BRIGHTS application at The Habitate, Kuningan, Jakarta, on Tuesday (07/05/ 2024). This collaboration was carried out with the aim of realizing the target of increasing BRIDS Under Management (AUM) assets by 50% or worth 300 billion. With this target, BRIDS will focus on attracting retail customers, so BRIDS collaborates with Sucor AM because Sucor AM's achievements are considered to be in line with BRIDS' steps. Apart from that, the SucorKLIK (Sucor Keliling Indonesia for Literacy and Inclusion) program is considered to be able to expand the investor distribution network.

In his special remarks on the press conference agenda, Sucor Asset Management CEO Jemmy Paul Wawointana gave an explanation regarding customer targets and optimism that Sucor AM's collaboration with BRIDS could cover various community needs.

"Through this collaboration, Sucor Asset Management is optimistic that it can reach an even wider retail segment. Sucor AM's own mutual fund choices can now cover various community financial needs and goals, which will be increasingly supported by the BRI Danareksa Sekuritas distribution network which covers various regions in Indonesia," explained Jemmy.

BRIDS Retail & IT Director Fifi Virgantria, who was present at the Press Conference, also explained that Sucor AM's achievements are in line with BRIDS values, and Sucor AM, which is intensively carrying out financial literacy through SucorKLIK, is also expected to expand the share of BRIDS investors.

“We see that Sucor AM has a mutual fund product with a good track record of performance. We assess Sucor AM's achievements in line with our values, so we are confident that this collaboration will bring positive opportunities for the community to invest. "Apart from that, we are also optimistic about increasing the distribution network of new investors through Sucor AM's financial literacy program, which is expected to have an impact on management fee income and the performance of the Company's retail business," said Fifi.

Through the BRIGHTS application, Sucor AM and BRIDS are ready to reach and increase financial literacy in a wider community. Various types of Sucor AM mutual fund products that can support the needs of achieving people's financial goals. Sucor AM is ready to carry out educational and outreach activities in various BRIDS branches throughout Indonesia." )*)