ID Digital Funds price

IDDF-MSCI

Launched on 19/05/2026, IDDF-MSCI is a real-world asset (RWA) token issued by PT. Sejahtera Bersama Nano in Indonesia that provides tokenized exposure to the MSCI ID Digital Funds, a discretionary mandate managed by STAR Asset Management (STAR AM). The project is designed to provide blockchain-based access to a professionally managed investment strategy that dynamically allocates between gold and equities based on quantitative market signals.

Each IDDF-MSCI token represents an economic interest linked to one unit of fund to the underlying Gold Plus Fund from StarAM. Token pricing is derived from the end-of-day net asset value (NAV) per unit of the underlying fund, with issuance and redemption structured to maintain a 1:1 relationship between circulating token supply and underlying fund units.

The underlying investment strategy combines exposure to global equities and gold through a rules-based rotation model. The fund dynamically allocates capital between the MSCI World Islamic Top 50 Index and gold-related instruments, including the iShares Gold Trust (IAU), depending on relative trend strength and risk conditions. The strategy seeks to identify which asset class demonstrates stronger positive momentum while managing volatility through a target risk framework.

The allocation methodology follows predefined rules. When both gold and equities exhibit positive trend signals, the portfolio allocates to the asset with the stronger signal. When only one asset exhibits a positive trend, the fund allocates fully to that asset. During periods where neither asset demonstrates a positive trend, the portfolio allocates to the asset with lower realized volatility. Risk calibration is applied to target a consistent annualized volatility profile.

IDDF-MSCI is issued on Base and follows a mint-and-burn issuance model. Tokens are minted only when capital is invested into the underlying discretionary mandate and are burned upon redemption, meaning supply expands and contracts according to underlying asset inflows and outflows. The token does not have a fixed supply cap, as circulating supply is intended to reflect the total units held within the underlying investment structure.

The project operates through a non-peer-to-peer model in which transactions occur between token holders and PT. Sejahtera Bersama Nano as the issuer. Subscription and redemption prices are based on the underlying fund NAV rather than secondary market price discovery. This structure is intended to align token value with the economic performance of the underlying portfolio.

STAR Asset Management serves as the investment manager for the underlying discretionary mandate. According to project documentation, STAR AM manages more than IDR 30 trillion in assets and serves more than 8 million Single Investor Identification (SID) accounts in Indonesia. The firm is responsible for portfolio management, NAV calculation, and investment risk oversight.

IDDF-MSCI aims to connect traditional asset management infrastructure with blockchain-based distribution by enabling users to access a professionally managed gold-and-equity allocation strategy through licensed digital asset platforms while maintaining NAV-based pricing and regulated fund exposure.