PT Bank Central Asia Tbk (BCA), in collaboration with PT Batavia Prosperindo Asset Management (Batavia), has introduced a new USD-denominated money market mutual fund: Batavia USD Money Market (BUSMO). This launch reflects BCA’s commitment to providing high-quality financial and investment solutions for its customers.

Meeting Growing Investor Interest in Indonesia

The launch comes amid a surge in public interest in investing, evidenced by over a 20% year-to-date increase in capital market investors as of September 2025. BCA’s wealth management assets under management for investment products have similarly grown by more than 20% year-on-year. Partnering with Batavia allows BCA to expand its investment product offerings in line with this momentum.

“BUSMO marks our collaboration with Batavia in offering a liquid, professionally managed USD-denominated investment alternative,” said BCA Director Haryanto T. Budiman. “We hope this product will broaden access to safe and transparent investment options, while also supporting financial inclusion efforts across Indonesia.”

BUSMO invests entirely in USD money market instruments, catering to investors with short-term goals or those seeking asset class diversification. The fund provides daily liquidity, with no purchase or redemption fees, and is accessible from USD 100 at BCA branches. Existing USD mutual fund investors can also invest directly through the myBCA app.

“We are very excited to collaborate with BCA in introducing the BUSMO Money Market Fund to the customers. This product is designed to meet the needs of investors seeking short-term instruments that offer flexibility, while also serving as an alternative investment option in USD,” said Batavia President Director Lilis Setiadi.

Strengthening Investment Access via myBCA App

BCA continues to innovate through the myBCA application, providing customers with integrated banking and investment solutions. The Investment feature allows users to buy and sell Mutual Funds, Bonds, and Government Securities, compare products, manage portfolios, access market updates, receive investment education, and enjoy promotional offers.

Continuing a Decade-Long Collaboration

BCA and Batavia have been partnering since 2015 to offer a range of mutual fund products, including Money Market Funds, Fixed Income Funds, Index Funds, and Equity Funds. The launch of BUSMO complements Batavia’s USD-denominated Money Market Fund lineup available through BCA.

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This article was created with AI assistance.