Mutual Funds
Oki Purworiana
MA0N0206
Mutual Funds
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An investment alternative for investors
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Small investors
Those who have less time & skill to count the risks of their
investments
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A tool to gather fund from public that have the capital, will to
invest, but only have limited time & knowledge
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Capital Market Law No.8/1995 section 1 clause (27) regarding
Mutual Fund
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Mutual Fund collects fund from the society.
The fund is invested in the securities portfolio.
The fund is managed by an Investment manager.
Benefits
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Investor with a smaller budget can do investment
diversification in their securities to minimize the risks
Helps the investor to invest in capital market easier
Time efficiency
Risks
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Risk of decreased value of participating unit
 influenced by the decrease price of securities
Liquidity risk
 related to the difficulty faced by the fund manager if
most of the unit holders resell their unit
Default risk
 when the company that insures the MF’s wealth
doesn’t pay the indemnity or pay lower than the loading
value
Types of Mutual Funds
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Money Market Funds
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Fixed Income Funds
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Invests at least 80% of its assets in debt securities
The maturity date is 1-3 years
Has higher risk than money market funds
The purpose is to produce a stable return
Equity Funds
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Invests on debt securities
The maturity date is <1year
The target is to keep the liquidity and maintain the capital.
Invest at least 80% of its assets in equities
The maturity date is >3years
Has higher risks than the previous two types, but it gives higher rate of return.
Mixed Funds
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invest in a combination of stocks and bonds, to capture the income generation
strengths of both asset classes with less volatility
The maturity date can be 1 year or more
Commercial Banks
No
Name
No
Name
1.
BANK COMMONWEALTH, PT
12.
BANK NEGARA INDONESIA (PERSERO), PT, TBK
2.
BANK DANAMON INDONESIA, PT, TBK
13.
BANK OCBC NISP, PT, TBK
3.
BANK INTERNASIONAL INDONESIA, PT, TBK
14.
4.
BANK MANDIRI (PERSERO), PT, TBK
15.
BANK PERMATA, PT, TBK
5.
BANK PAN INDONESIA, PT, TBK
16.
BANK RAKYAT INDONESIA (PERSERO), PT, TBK
6.
BANK SYARIAH MANDIRI, PT
17.
BANK SINARMAS TBK, PT
7.
BANK ANZ PANIN, PT, TBK
18.
CITIBANK N. A.
8.
BANK CIMB NIAGA, PT, TBK
19.
PT. BANK UOB INDONESIA
9.
BANK CENTRAL ASIA, PT, TBK
20.
STANDARD CHARTERED BANK
10.
BANK DBS INDONESIA, PT
21.
11.
BANK MEGA, PT, TBK
BANK PEMBANGUNAN DAERAH JAWA BARAT
DAN BANTEN, PT, TBK
THE HONGKONG AND SHANGHAI BANKING
CORPORATION LIMITED
Example
Facts
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2011 :
Increased 13% to 168.2 trillion rupiah ($18.7 billion), 36%
of that was in stocks
2012 :
May grow as much as 20%