Category | Sharia Fund |
Currency | IDR |
Launch Date | 16 November 2017 |
Investment Objective | The fund aims to provide attractive investment returns with high liquidity level to fulfill cash basis needs, in accordance to Sharia Principles in the Capital Market. |
Investment Policy | 100% of Net Asset Value on domestic sharia money market instruments with maturity period less than 1 year and/or Sharia Fixed Income Securities, including Sukuk, that are offered via Public Offering and are traded in Indonesia and Foreign Stock Exchange with maturity period less than 1 year and/or the remaining maturity period is less than 1 year and/or sharia deposits, in accordance to the prevailing laws in Indonesia. |
Initial Subscription | Minimum IDR 10,000 |
Subsequent Subscription | Minimum IDR 10,000 |
Custodian Bank | Bank BNI |