DEFINITION
It is a type of open-end mutual funds that invests at least 80% in stocks and the remaining in money market instruments and debt securities.
TYPE OF FUND
Equity Fund
INVESTMENT OBJECTIVE
Batavia DanaSaham is designed to preserve investment principal and achieve capital gains in long-term horizon via investment allocation to Jakarta Stock Exchange-listed big cap equities. A small portion of the fund will also be invested in money market instruments and/or other liquid financial instruments to provide liquidity to its investors.
TARGET PORTFOLIO COMPOSITION
Equity 80% - 95%
Cash & Money market 0% - 20%
INVESTMENT AMOUNT
To open an Account Rp 1,000,000
To Add an Account Rp 100,000
Minimum Balance Rp 1,000,000
Minimum Redemption Rp 500,000
FEES
Selling Fee Maks 1.0%
Redemption Fee Max 1.0%
Switching Fee Min 0.15% Max 0.5%
CUSTODIAN BANK
Deutsche Bank AG, Jakarta
Name : Batavia Dana Saham
A/C # : 0089854.00.9
Message : Account owner name
Registration Number
DISTRIBUTION CHANNEL
For more information about purchasing this product, please contact our selling agents:
- PT. Bank Mandiri http://www.bankmandiri.co.id
- PT. Bank DBS Indonesia
- PT. Bank UOB Buana
- PT. Bank Negara Indonesia (Persero) Tbk
There is no security on this earth, there is only opportunity. General Douglas Mac Arthur.
