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Tuesday, April 12, 2011

Batavia Prima Campuran and Batavia Proteksi Prima 5 launched

12/5/2011
Irvin Avriano A.

Batavia Prima Campuran and Batavia Proteksi Prima 5 launched

JAKARTA: PT Batavia Prosperindo Aset Manajemen, a Batavia Group investment manager company, launch a new open ended hybrid fund namely Batavia Prima Campuran.

Based on Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) website las night, the issuance assisted by PT Bank Mandiri Tbk as its custodian.

Open ended fund is a mutual fund which its investment units can be bought and added by its new or existing investor at any time. The mechanism also applied to sold and redemption action. The hybrid fund is a fund that have mixed investment policy, both for equity or fixed income assets.

Batavia Aset Manajemen also issued its new capital protected fund namely Reksa Dana Terproteksi Batavia Proteksi Prima 5. The fund issuance assisted by PT Bank DBS Indonesia as its custodian.

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