Jakarta - PT BNI Asset Management (BNI AM) launched the BNI-AM Index Short Duration Bond Index mutual fund product.

President Director of BNI Asset Management Putut Endro Andanawarih said the issuance of this index mutual fund aimed to enable investors to obtain investment growth based on short-term debt securities with optimal results.

In a statement in Jakarta on Monday (14/2), BNI Asset Management said, "This product is the first bond index mutual fund product issued by BNI Asset Management since its establishment in 2011.

He explained that this product has an efficient management cost because it is managed with a passive strategy for the Short Duration Bond Index, which is the reference.

In addition, the issuance of this mutual fund also adds product variants to meet the needs of various investors.

"We hope that this index mutual fund will be an attractive option for investors who are interested in investing in short-du