Batavia Dana Saham Syariah (BDSS)
Definition
An open-ended Sharia equity mutual fund which invests minimum 80% and maximum 100% in equity securities that comply to Sharia principles in the capital market; and minimum 0% and maximum 20% in money market instruments and/or fixed income securities that comply to Sharia principles in the capital market.
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
| Min. Initial Subscription | IDR 10,000 |
| Min. Subsequent Subscription | IDR 10,000 |
| Account Balance | IDR 10,000 |
| Min. Redemption | IDR 10,000 OR 10 Units |
Investment Fee
| Subscription Fee | Max. 2.0% |
| Redemption Fee | Max. 2.0% |
| Switching Fee | Max. 1.0% |
Portfolio Composition
| 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 Type
Sharia Equity Fund
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