Category | Sharia Fund |
Currency | IDR |
Launch Date | 08 November 2017 |
Investment Objective | The fund aims to increase an optimal and stable investment growth value through placements mainly in Sharia Fixed Income Securities, including Sukuk, in medium to long tenor with a measurable risk, in accordance to Sharia Principles in the Capital Market. |
Investment Policy | 80 - 100% Sharia Fixed Income Securities, including Sukuk that are sold in Public Offering and/or traded in Indonesian Stock Exchange; 0 - 20% Domestic Sharia Money Market instruments with maturity period of 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 |