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Wednesday, March 9, 2011

Danareksa Investment offer Danareksa Proteksi II IDR250 bio

BI/exchange
5/3/2011
Irvin Avriano A.
Bisnis Indonesia

Danareksa Investment offer Danareksa Proteksi II IDR250 bio

JAKARTA: PT Danareksa Investment Management targeting new funds worth IDR200 billion--250 billion from their new product, Danareksa Proteksi II, which still offered to prospective investors.

Danareksa Investment Head of Retail & Bank Distribution Marketing Diah Sofiyanti said the 3-years tenured protected fund are marketed through the company's internal marketing and assistance from two banks, PT Bank Mandiri Tbk and PT Bank DBS Indonesia.

"We expect these products can provide returns to investors 8% - 8.5% per annum," told her to Bisnis last weekend.

She said the company plans to close the bookbuild period for the products on March 17th, the same time with the launching of the close-ended product.

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