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Sunday, January 3, 2010

Lautandhana Investment collect Rp172 billion from two protected fund

3/1/10
Irvin Avriano A.
Bisnis Indonesia

Lautandhana Investment collect Rp172 billion from two protected fund

JAKARTA: PT Lautandhana Investment Management collect funds of Rp172 billion from two protected fund products the companies has listed.

Lautandhana Investment President Director Ahmad Subagja said the new products that are Launtandhana Protection VI with funds under management worth of Rp132 billion.

"The another product is Lautandhana Protected Fund Dynamic Protection II whose worth Rp40 billion that has the kicker structure," he said Bisnis today by telephone interview.

He explained the kicker structure allows mutual funds provide returns greater than 100% to investors since the company inserted a bit of investment instruments whom have high gains than bonds. (Bisnis/IAA)

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