BukaLapak Prepares Mutual Fund Product Marketplace through BukaReksa

BukaLapak began to expand its business segmentation to different product commodities. This time, his party started to initiate BukaReksa, a service that provides mutual fund products for memberher to invest. This service is planned to be officially released in the 3rd week of January. For this initiative, BukaLapak is collaborating with Bareksa keuangan financial portal.

Bareksa has provided a service online marketplace for mutual funds since the beginning of 2015. Bareksa is also one of the platform providers in the capital market that has earned official license as Mutual Fund Selling Agent (APRD) from the Financial Services Authority (OJK) to sell mutual funds directly to customers.

Promote mutual fund investment for the general public

Di microsite BukaReksa contains several information describing some of the services that BukaLapak wants to offer for mutual fund products. His party sets a minimum investment of IDR 10.000 for users, according to the nominal stated in the minimum initial purchase number at CIMB-Principal BukaReksa Money Market.

The process (transaction) also adopts experience user (marketplace) ala Bukalapak, including with the same type of account. However, specifically for this product, users must enter more detailed information and need to get confirmation before starting a transaction. It also promises the management of mutual fund products by professional investment managers with an optimal return target.

This is an early indication that BukaLapak is trying to produce a mutual fund investment channel for the general public with a more affordable process. This concept targets users with minimal understanding of investing in the capital market.

Regarding BukaLapak's position as a mutual fund seller, we have not been able to get further information. BukaLapak has not been pleased to provide detailed information about its latest portfolio until its launch in the near future. BukaLapak's position and its legality are important to know considering that buying and selling mutual funds has a fairly strict level of regulations and licensing from the authorities, in this case the OJK.