https://maps.googleapis.com/maps/api/place/details/output?parameters

Total Pageviews

Print money here

Translate

9/19/11

Independent Investment protection soon launch three mutual funds?


JAKARTA. Independent Investment will launch three products in the Capital Protected Fund this year. All three products are namely mutual fund Protected Self-Protected Smart Series 6 (SMART 6), mutual funds Protected Self-Protected Smart Series 7 (SMART 7), and mutual funds Protected Self-Protected Smart series 8 (SMART 8).
Independent Investment Director Andrew M. Gunawidjaja mention, these products provide an indication protected funds yield around 8% per year, timed about 3 years, and the protection value of 100% of the initial investment at maturity date.
"The instrument will be launched in the near future," said Andrew, Jakarta, Monday (19 / 9).
Andreas explained SMART 6 will be launched 28 September 2011. The instrument will invest a minimum of 80% in corporate bonds that have a minimum rating idA, and the remaining maximum of 20% was placed in money market instruments or cash. "The division of the mutual fund returns are done every three months and the owner of Units can sell it back (redemption) every six months, he said.
The SMART 7 will be launched October 7, 2011. Mutual funds that invest a minimum of 80% in some corporate bonds with a minimum rating idA +, and the remaining maximum of 20% in money market instruments or cash. Distribution yield is done every three months.Investors may wish to sell back (redemption) every three months.
Meanwhile, SMART Fund 8 will be offered through the Bank DBS IndonesiaAt this time, the Bank is concerned are awaiting the issuance of permission marketing SMART 8 of Bank Indonesia.Mutual Funds portfolio composition effect has a minimum of 80% in corporate bonds with a minimum id AA + rating, and the rest are placed a maximum of 20% in money market instruments or cash.Unit holders will receive returns every three months and can make a sale (redemption) of Units owned every three months.
Of the three products, Independent Investment could rake in funds targeting investment of Rp 500 billion. "Based on the prospectus, the minimum purchase of our Capital Protected Units of mutual funds is $ 10 million," he said.sources; http://investasi.kontan.co.id

0 comments:

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | coupon codes