SHARIA

Batavia Dana Saham Syariah (BDSS)



DEFINITION

It is a type of open-ended mutual fund which invests in equity listed as Sharia compliant securities and/or money market instruments in accordance with principles of Islamic law in Indonesia. 


TYPE OF FUND

Sharia Equity Fund


INVESTMENT OBJECTIVE

Batavia Dana Saham Syariah aims to achieve optimal capital gains in the long term primarily through investments in equities listed in the Indonesian Stock Exchange (IDX) which are also listed in the Jakarta Islamic Index (JII). A small portion of the fund will be invested in money market instruments and/or other liquid financial instruments to provide liquidity for investors. 


INVESTMENT POLICY

Equity listed in Sharia Index in 
Indonesia/Jakarta Islamic Index (JII) 80% - 100%
Money market instruments in accordance with 
principles of Islamic Law in Indonesia 0% - 20%

INVESTMENT

Min. Initial Subscription		IDR   100,000
Min. Subsequent Subscription	IDR    100,000
Min. Account Balance			IDR     100,000
Min. Redemption				IDR    100,000 OR 10 Units

FEES

Subscription Fee 				Max. 2.0%
Redemption Fee 				Max. 2.0%
Switching Fee 				Max. 1.0%

CUSTODIAN BANK

Deutsche Bank AG, Jakarta 
Account Name			: Batavia Dana Saham Syariah
Account Number			: 0085530.00.9
Remarks					: Name of Account Holder/Owner & Registration Number

DISTRIBUTION PARTNERS