JAKARTA: PT Nusadana OSK Asset Management mutual fund set up seven new products, to achieve the target asset under management (assets under management / AUM) amounting to Rp1, 5 trillion later this year.
Until the end of the year, funds under management we expect to reach Rp1, 5 trillion after launching seven new products, he said to the press, this afternoon.
The seven products, he added, was submitted to the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK). Two product type equity funds, four other protected funds, and the remaining money market funds.
Currently, the company has four products of mutual funds, two protected funds, a mix of mutual funds and one mutual fund shares. A mutual fund products has just dropped the tempo, so that the fund is reduced slightly from the position in December 2010 amounting to Rp400 billion.
According to Rima, investing in the stock market in general is still promising for the long term, so the company seeks out products that vary according to each investor's risk profile.
We do not force yourself to spend a certain product, but flexible to follow the needs of investors, he said. (Mrp)
