JAKARTA: PT OSK Nusadana Asset Management released new equity mutual fund product namely OSK Nusadana Indonesia LQ45 Tracker Fund with minimum payment as much as IDR200,000 billion.
AUM of the new product is expected to reach IDR30 billion, said President Director Rima Suhaimi. , The product, she continued, provides an easy and affordable access to capital markets to people.
The product is eyeing shares in LQ45. It is utilizing passive management thus the movement depends on the index fluctuation. (T05/aph)