Batavia Global ESG Sharia Equity USD (BGESEU)
Definition
An open-ended Sharia equity offshore mutual fund.
Investment Objective
Batavia Global ESG Sharia Equity USD has objective of providing Unit Holders with potential returns related to investment returns from instruments in accordance to investment policy of Batavia Global ESG Sharia Equity USD, which is in compliance with the Sharia Principles in Capital Market.
Investment Policy
Mechanism to purchase and sell Units
| Minimum initial subscription | USD 10.000 |
| Minimum subsequent subscription | USD 100 |
| Minimum redemption | USD 100 (seratus Dolar Amerika Serikat) atau 100 (seratus Unit Penyertaan) |
| Minimum switching | USD 100 (seratus Dolar Amerika Serikat) atau 100 (seratus Unit Penyertaan). |
Investment Fee
| Subscription Fee | Maximum 2.50% of subscription value. Minimum 1.00% of subscription value for subscription through Selling Agent assigned by Investment Manager |
| Redemption Fee | Maximum 1.00% of redemption value |
| Switching Fee | Maximum 1.00% of switching value |
Portfolio Composition
| Sharia-compliant Equity Securities contained in Sharia Securities List | 80% - 100% |
| Sharia Money Market instruments, and/or Sharia Time Deposit | 0% - 20% |
| Sharia offshore compliant equity securities included in Sharia Securities List issued by Sharia Securities List Issuer | Minimum 51% |
Investment Type
Sharia equity offshore mutual fund.
Custodian Bank
PT Bank HSBC Indonesia
Distribution Partners
* ordered alphabetically