Nikko Kas Manajemen - Pasar Uang

Yesterday I just signed an agreement to move my Nikko Kas Manajemen Pasar Uang into Nikko Dana Terproteksi. They (the bank and Nikko) said that Nikko Dana Terproteksi is safer and a better choice if I don't intend to use my money in a short term.

Basically, the biggest advantage by moving into Nikko Dana Terproteksi is that Nikko won't invest our money into new obligation. So, all we need to do is just wait until any obligation is due and then Nikko will redeem our investment proportionally and automattically. The biggest downside is we can not redeem our money anytime we want. So, if you need your money now, don't choose this option.

They also offered you to stay in your current investment. This means that they (Nikko) will buy new obligation with your money and God knows when the obligation will go up again. But in the bright side, you can redeem your investment at anytime you want as long as total today's redeemption is lower than 20% of Nikko's Asset. Just make sure if you want to redeem, do it first thing in the morning okay folks.