Batavia Dana Saham Syariah (BDSS)
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.
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.
|Min. Initial Subscription||IDR 100,000|
|Min. Subsequent Subscription||IDR 100,000|
|Account Balance||IDR 100,000|
|Min. Redemption||IDR 100,000 OR 10 Units|
|Subscription Fee||Max. 2.0%|
|Redemption Fee||Max. 2.0%|
|Switching Fee||Max. 1.0%|
|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%|
Sharia Equity Fund
Deutsche Bank AG, Jakarta
Batavia Dana Saham Syariah
Name of Account Holder/Owner & Registration Number