Simply log in to Citibank Online to buy*, sell and switch Mutual Funds in few clicks instantly anytime anywhere. You can check your holding funds' reference value, profit and loss and past 24-month transaction records at a glance.
What is Mutual Fund
Mutual Funds investment is a collective investment from retail investors managed by Investment Partner by investing principally in stocks, bonds & money market. Mutual Funds aim to maximize returns through a strategy that is consistent with the investor’s risk tolerance. The increase in a unit trust's value can be found in the form of Capital Gain and Dividend returns
Benefit of e-Mutual Fund
- Convenience- Diversify your portfolio with a wide range of Mutual Funds , managed by some of the most reputable names in fund management on Citibank Online
- Comprehensive - Transact on your Mutual Fund through your Citibank savings account on our internet banking platform, Citibank Online
- Comprehensive - Transact on your Mutual Fund through your Citibank savings account on our internet banking platform, Citibank Online
Features
- Buy* and Sell Mutual Fund conveniently on Citibank Online
- Switch your investments between Mutual Fund.
- Start a monthly Regular Savings Plan (RSP).
- Track your Mutual Fund portfolio easily.
- Update your Investment Risk Profile
- Get information on your preferred mutual fund easily
See videos about Citi e-Mutual Fund and how to use it via below links:
- Citi e-Mutual Fund Video
- How to buy / top up mutual fund
- How to sell mutual fund
- How to switch mutual fund
- How to view your mutual fund’s Net Asset Value
- How to update your risk profile
What is required to do Mutual Fund online transaction
- You need to have Citibank Online User ID and Password
- You need to have a Citibank savings account
- You need to have a Citibank mutual fund account
- You need to have a valid Investment Risk Profile
How to buy* Mutual Fund Online
- Login with your User ID and password
- Click on "Wealth Management" > "Mutual Fund"
- Click "Trade Now" > Select "Buy*" > Click "Continue"
- Search a fund via "Fund House", "Currency", "Fund Name" or "ISIN Code" > Click "Search"
- Select a fund from search results > Click "Continue"
- Input "Transaction Amount" > Select "Dividend Distribution Method" > Read Terms & Conditions and put a tick in the box --> Click "Continue"
- Verify the transaction details > Click "Submit" to complete the transaction
How to sell Mutual Fund Online
- Log in with your User ID and password
- Click "Wealth Management" > "Mutual Fund"
- Click "Trade Now" > Select "Sell" > Click "Continue"
- Click "Trade Now" > Select "Sell" and "Mutual Fund Account" > Click "Continue"
- Select a Fund > Click "Continue"
- Input "Unit to Redeem" or Click "All" to sell all existing units > Read Terms & Conditions and put a tick in the box > Click "Continue"
- Verify the transaction details > Click "Submit" to complete the transaction
How to buy* Citibank Regular Investment Plan Online
- Login with your User ID and password
- Click on "Wealth Management" > "Mutual Fund"
- Click "Regular Investment Plan" > Select an account > Click "Continue"
- Click "Regular Investment Plan"
- Search a fund via "Fund House", "Currency", "Fund Name" or "ISIN Code" > Click "Search"
- Select a fund from search results > Click "Continue"
- Input "Contribution Amount" & "Debit Date" > Select "Dividend Distribution Method" > Read Terms & Conditions and put a tick in the box > Click "Submit"
What do I need to do to start investing in Mutual Fund through Citibank Online? You can start investing in Mutual Fund through Citibank Online with below steps:
- You must have saving account and Mutual Fund account at Citibank.
- You must have a valid Investment Risk Profile, Knowledge & Experience information, and active Single Investor Identification (SID).
- You must have done your first time face-to-face Mutual Fund transaction at a Citibank branch using transaction form.
- You must be registered for Citibank Online and have a user ID and password.
What is Single Investor Identification (SID)? SID is the single investor identification number published by Indonesian Central Securities Depository for investors’ transactions in Indonesia capital market, including Mutual Fund and bond transaction.
What Mutual Fund transaction features are available at Citibank Online? - You can review your Mutual Fund portfolio.
- You can perform subscription, switching and redemption on Mutual Fund products.
- You can manage your investment with the Customer Investment Plan (CIP) feature.
- You can update your Investment Risk Profile.
What are the Mutual Fund products that available online? All Mutual Fund products distributed by Citibank N.A., Indonesia. All information related to the Mutual Fund products are available in Fund Fact Sheet & Prospectus of each funds and can be downloaded from ‘Mutual Fund’ page in Citibank Online website.
What is the cut off time for the Mutual Fund transaction processed at Citibank Online? Daily transaction cut off time for Mutual Funds transaction through Citibank Online is at 13.00 WIB. Transactions performed after 13.00 on bourse days will be processed on the next bourse day. Transactions performed on non-bourse day will be processed on the next bourse day.
Is the Net Asset Value per unit (‘NAV/Unit’) price indicative at the point of transaction? Correct. NAV/unit price is calculated once a day based on the closing price of the bourse day, where the NAV/unit price will be issued 1 bourse day after the closing of the bourse day. If the transaction is placed and received before the cut-off time at 1 pm on the day of the transaction, then the transaction will use the NAV/unit price from the closing of the bourse day at the transaction date. If the transaction is placed and received after the cut-off time at 1 pm on the day of the transaction, then the transaction will use the NAV/unit price from the closing of the bourse day of the following day, in which the NAV/unit price will only be issued 2 bourse days after the transaction date.
What is a Customer Investment Plan (‘CIP’)? CIP is a scheduled investment feature that you can enroll to set your needs and achieve financial achievement through facility as below:
- Practical : by registering once, investment through CIP can be executed through auto-debit from your account
- Flexibility : investment amount starting from minimum subscription Rp 500.000,- and investment tenor that can be adjusted accordingly to your financial planning, for example 12, 24 or 36 months
- Regular : investment can be done gradually based on your financial planning
Enrollment to CIP feature can be done through Citibank Online.
Can I cancel my transactions online once it's confirmed? Online transactions cannot be cancelled.
How much is the Subscription Fee for online Mutual Fund transactions? The Subscription Fee for Mutual Fund transaction through Citibank Online is at 1% (excluding VAT of 10%), except for Mutual Fund transaction with subscription fee of below 1% or no subscription fee (0%) governed in each fund prospectus.
Disclaimer:
INVESTMENT IN THE FORM OF MUTUAL FUND CONTAINS RISK. A PROSPECTIVE INVESTOR MUST READ AND UNDERSTAND THE PROSPECTUS PRIOR TO DECIDING TO INVEST IN A MUTUAL FUND. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Investment in the form of Mutual Fund is NOT a Bank Deposit; NOT obligation of; and NOT guaranteed by Citibank, N.A., Citigroup (including its subsidiaries, associates or affiliates); NOT part of third party deposit which is subject to certain terms and is NOT included as object of government guaranteed program. Investment in the form of Mutual Fund is subject to investment risk including possible loss of principal amount invested. Past Performance is not indicative of future results, investment value can go up or down as a result of Net Asset Value (NAV) fluctuation in accordance to market condition and quality of the respective Mutual Fund portfolio. Investors investing in funds denominated in non-local currency should fully aware of the risk of exchange rate fluctuations that may cause a loss of principal. This document does not constitute the dissemination of information, an offer to sell, or a solicitation of an offer to buy* Participation Unit in any jurisdiction where, or to any person to whom, it is unlawful to make any such offer or solicitation. Mutual Fund is not offered to US citizen or residence. Investor must obtain and read the relevant Prospectus prior to deciding to invest in Mutual Fund.
