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Thursday, August 27, 2009

Published mutual funds fell to 77 products

Thursday, 27/08/2009 20:11 WIB
Published mutual funds fell to 77 products

by: Irvin Avriano
JAKARTA ( Number of issuance of mutual fund products since the beginning of the years fell to 77 products until yesterday, lower than the same period last year as many as 122 products.

Based on Capital Market Supervisory Agency and Financial Institution (Badan Pengawas Pasar Modal dan Lembaga Keuangan/Bapepam-LK) data released today, the capital market authority has provided an effective statement for the 77 mutual funds this year, mostly consisting of mutual funds as much as 64 protected product. The amount is much less than the same period last year as many as 132 protected mutual fund products.

Since the beginning of this month, PT Mandiri Manajemen Investasi obtain effective statement for the six-protected mutual funds, the Independent Protected Regular Income Fund and the Independent 8-12 Protected Bond Dollar Government 2.

In addition, other effective statements obtained protected mutual funds filed PT Nusadana Asset Management, PT CIMB-Principal Asset Management, PT Batavia Prosperindo Asset Management, and PT NISP Securities.

However, the number of mutual funds that have an open-end-subscription type of statement is only effective in equity funds Schroder Indo Equity Fund from PT Schroder Investment Management Indonesia. (Yn)



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