What is PHILLIP RUPIAH BALANCED FUND (PRBF)?
- PRBF is a mixed mutual fund issued by PT. Phillip Securities Indonesia, it obtained effective letter from
Bapepam on Sept 1st 2008.
- Custodian Bank : PT. Bank CIMB Niaga, Tbk.
- Investment objective of PRBF is to achieve flexible investment and reduce risks by diversifying portfolio consisting of Equities, Bonds, and Money Market Instruments.
- Asset allocation consist of :
- Minimum 5% and maximum 75% in Equity
- Minimum 5% and maximum 75% in Debt or Fixed Income
- Minimum 5% and maximum 75% in Money Market
| * | Minimum Initial Investment | : | IDR 20.000.000,- |
| * | Additional Investment | : | Minimum IDR 10.000.000,- |
| * | Annual Management Fee | : | Maximum 2,5% p.a |
| * | Annual Custodian Fee | : | 0,2% p.a |
| * | Subscription Charges | : | Maximum 1,5% from transaction value |
| * | Redemption Charges | : | Maximum 2,5% from transaction value |
| * | Switching Charges | : | Maximum 0,5% from transaction value |
Why PHILLIP RUPIAH BALANCED FUND?
- Diversification of portfolio to various instruments to reduce investment risk.
- Not subject to tax.
Capital gain acquired by unit holder for redemption is not subject to tax.
- Professionally managed by PT. Phillip Securities Indonesia as an Investment Manager.
- Steady investment growth.
- Easy redemption.
- Transparent information.
What are the investment risks of PRBF ?
- Risk of Political and Economy Changes
- Risk of Exchange Rates
- Risk of Declining Value of Unit Holder
- Risk of Credit Default
Liquidity Risk