BI/bursa
14/2/2011
Irvin Avriano A.
Danareksa Investment launch Komoditas-Konsumer 10
JAKARTA: PT Danareksa Investment Management targets IDR500 for each on their new sectoral stock mutual fund that will be offered starting this week. The two new mutual funds are Danareksa Mawar Komoditas 10 and Danareksa Mawar Konsumer 10.
John D. Item, Danareksa Investment President Director, said the two mutual fund have obtained effective statement from Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) last week.
"The two mutual fund will invest on only 10 shares from commodities and consumer based sector that predicted will grow better than any other sector in the several years," said John to Bisnis last weekend.
He said, Mawar Komoditas 10 predicted can booked return for 35--45%, while Mawar Konsumer 10 can give return 25--35% per annum to its investors, with long term investment horizon and capital market situation.
The two product also known by its management as Koko 10, related to the similar investment treatment to the mutual fund.
The two product also known by its management as Koko 10, related to the similar investment treatment to the mutual fund.
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