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Thursday, February 24, 2011

Mandiri Investasi will launch new fixed income fund

BI/bursa
24/2/2011
Irvin Avriano A.

Mandiri Investasi launch new fixed income fund

JAKARTA: PT Mandiri Manajemen Investasi will launched their new fixed income opened-end mutual fund, namely Mandiri Investa Berjangka Seri 2013, within the next few days.

The matter was disclosed in Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) website today, showed that the new product is getting its international serial indentification number (ISIN) code.

The fund will use service from Deutsche Bank AG as the custodian.

When contacted, Mandiri Investasi Director Andreas Muljadi Gunawidjaja confirm the information but can not explain in details of the product related with the company's plan to launch it together with other media.

He said the product will be introduce to investors in several weeks, together with the acknowledgment to the press.

Previously, he already told that the fixed income product will have some gimmicks that will offer more return to its investors, especially in a form of a structured product.

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