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  1,000,000
Min. Subsequent Subscription IDR  100,000
Min. Account Balance IDR  1,000,000
Min. Redemption IDR  500,000  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