Batavia India Sharia Equity USD (BISEU) (BISEU)
Definition
Is an open-ended Mutual Fund which invests in Sharia-Equity offshore securities, in accordance with its investment policies and complies with Sharia Principles in the Capital Market.
Investment Objective
Batavia India Sharia Equity USD has objective of providing Unit Holders with potential return from instruments in accordance with Investment Policy of for Batavia India Sharia Equity USD, and is in compliance with Sharia Principles in Capital Market.
Investment Policy
| Min. Initial Subscription | USD 10,000,- (ten thousand United States Dollar) |
| Min. Subsequent Subscription | USD 100,- (one hundred United States Dollar) |
| Min. Redemption | USD 100,- (one hundred United States Dollar) atau 100,- (one hundred Units) |
| Min. Switching | USD 100,- (one hundred United States Dollar) atau 100,- (one hundred Units) |
Investment Fee
| Subscription Fee | Maximum 2.50% of subscription value.
Minimum 1.00% of subscription value for subscription made through Distribution Partners 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 Mutual Fund Based on Offshore Securities.
Custodian Bank
PT Bank HSBC Indonesia
Subscription Account Name
Reksa Dana Syariah Berbasis Efek Syariah Luar Negeri Batavia India Sharia Equity USD
Subscription Account No.
001-865708-116