KBRN, Jakarta: PT Indo Premier Investment Management (IPIM) officially transformed the national investment landscape on Monday, December 29, 2025, by launching the Indo ETF RDN Kas Bertumbuh (XRDN). 

Debuting at the Indonesia Stock Exchange (IDX) with an impressive initial Asset Under Management (AUM) of IDR 516.88 billion (USD 30,80 million), this groundbreaking instrument stands as the country’s first-ever money market-based Exchange Traded Fund. By combining the stability of money market instruments with the real-time flexibility of ETF trading, IPIM aims to provide modern investors with a highly liquid and transparent cash-equivalent solution.

IPIM Director Noviono Darmosusilo said that at the IDX Main Hall in Jakarta on Monday, December 29, 2025, that the launch of XRDN represents IPIM's commitment to providing investment products relevant to modern investor needs. “As the industry develops, we see a need among Indonesian investors for cash-equivalent instruments that are stable, with money market returns and liquidity comparable to savings,” Noviono said, as quoted by Antara.

He explained that XRDN focuses on money market instruments and current accounts, making it suitable as a cash-equivalent liquidity management tool with the superior benefits of an ETF. “Investors now gain the benefits of liquidity and flexibility, being able to perform subscriptions (placements) and redemptions (withdrawals) throughout trading hours, which was previously limited to only once a day in conventional money market mutual funds,” Noviono noted.

Noviono continued that XRDN is designed as an investment choice prioritizing capital protection, low volatility, and easy access to liquidity. With these characteristics, the firm expressed hope that this product can expand public participation in the Indonesian capital market through safe, liquid, transparent, and accessible investment instruments.

“IPIM consistently presents ETF product innovations that reflect market performance consistently, with portfolio transparency, high liquidity, and efficient management costs,” siad Noviono. I

ndo Premier Sekuritas (IPOT) Director Paulus Soehianto explained that XRDN offers the advantage of T+0 redemption, allowing investors to liquidate their funds on the same day.

“With this mechanism, investors can manage their cash needs more flexibly and efficiently, making XRDN the right investment solution for those requiring quick access to funds with value stability,” Paulus remarked. 

He added that ETFs are increasingly popular because of transaction ease, transparency, real-time NAV, high market liquidity, and cost efficiency, giving investors more control in various market conditions.

During the launch, IPIM collaborated again with Deutsche Bank AG Jakarta Branch as the Custodian Bank and PT Indo Premier Sekuritas as the Participant Dealer. 

“This launch provides additional options for investors, both as a means of diversification and to complement investment portfolios, especially in liquidity management,” said Ricky Tanu Tama, Director of Deutsche Bank AG Jakarta Branch.

Over the last 12 years, the ETF mutual fund industry in Indonesia has recorded an average growth in managed funds of 20.45 percent per year from 2014 to November 2025. Meanwhile, money market mutual funds recorded growth in managed funds of 59.68 percent since the beginning of 2025, following the increased need for short-term fund placement amidst dynamic market conditions. ***