To calculate the average daily AUM, you need to sum up your active portfolio value at the end of each day over a certain period, such as one month, then divide it by the number of days in that period.
This allows you to determine whether you meet the requirements to participate in the referral program.
Example of AUM Calculation:
| Date 1 – 24 | There is no ongoing funding from the previous month.= IDR 0 |
| Date 25 | Funding = IDR 20,000,000 Total Ongoing AUM = IDR 20,000,000 |
| Date 26 | Funding = IDR 5,000,000 Total Ongoing AUM = IDR 25,000,000 |
| Date 27 – 31 | Total AUM as of the end of the month IDR 25,000,000 |
Therefore, the average daily AUM is as follows:
= ((20 x IDR 0) + (1 x IDR 25.000.000) + (5 x IDR 25,000,000) / 31
= (0 + IDR 25.000.000 + IDR 125.000.000) / 31
= IDR 4.838.709
With the average daily AUM considered, you currently do not meet the requirements to participate in the referral program.
It is essential to keep your AUM at IDR 10,000,000 to be eligible for the referral program.