Home| Career| Contact Us| Indonesia Indonesia| English English
Investment Glossary
Bapepam & LK

The government body responsible for fostering, organizing, and monitoring the daily activities of Indonesian capital markets. Bapepam & LK issues and enforces regulations and strict control over operations of Indonesian mutual funds.

Benchmark

A standard used in evaluating the performance of a mutual fund. A common benchmark for equity funds is the Jakarta Composite Index (JCI).

Custodian

An institution that is unaffiliated with asset management companies whose role includes:

  • Safekeeping and holding of securities on behalf of investors of a mutual fund
  • Settlement of any transactions and deliveries of securities and dividends
  • Registration and listing of securities
  • Reporting on dividend payments, interests or other instruments due for payment
  • Reporting and calculation of net asset value

Investment/Fund Manager

A person responsible for carrying out investment decisions as defined in a fund’s prospectus. In order to become a fund manager, a candidate has to apply to Bapepam & LK for a license.

Net Asset Value (NAV)

The unit value of a mutual fund based on underlying assets minus liabilities, divided by units outstanding. It is calculated at the end of each business day for equity funds, fixed income/bond funds, balanced funds, and money market funds.

Yield

Represents the rate of return on an investment. For bonds, the simplest calculation of yield uses the following formula: yield = coupon amount/price. Technically, the price of a bond and its yield are inversely related.

INDEX
IHSG -0.06%
5,266.94
LQ-45 -0.07%
878.90
ISSI 0.05%
171.30
Latest Index: Jan 17 2017
MUTUAL FUNDS
List of Mutual Funds
Hotline Panin Asset Management
Selling Agent
Panin Sekuritas
Paying Agent
Bank Panin
Bank BCA Bank CIMB Niaga
Bank BRI Bank Mandiri
Versi 1.0.0.0