Danamas Rupiah Plus
Danamas Rupiah Plus is a money market mutual fund that invests funds in money market instruments. The instruments can vary from timed deposits, corporate bonds, Bank Indonesia Certificates or SBIs, all of which with a tenure of less than one year.
Has a higher yield when compared to the average deposit rate because it invests in corporate bonds with a maturity of less than 1 year (from historical chart), delivering higher returns and even better returns than traditional bank deposits.
Has a Yield Above the Deposit Interest Rate
Has a higher yield when compared to the average deposit rate because it invests in corporate bonds with a maturity of less than 1 year, delivering higher returns and even better returns than traditional bank deposits.
High Liquidity
The advantage of a money market mutual funds compared to other mutual funds is that the invested funds can be withdrawn at any time without having to wait a certain period of time. Apart from that, funds can be withdrawn without any deductions or penalties.
Low Level of Investment Risk
Has a low investment risk because the entire investment fund allocation is usually placed in money market instruments that are less volatile. So, it has relatively more stable performance.
Alternative to a Savings account
Can be an alternative to a savings account in a bank because it has a low level of risk and high liquidity which allows investors to diversify their funds into Danamas Rupiah Plus.
| a. | Initial Investment | : | Rp. 100.000 | |||||||||
| b. | Subsequence Investment | : | Rp. 100.000 | |||||||||
| c | Minimum Redemption | : | Rp. 100.000 | |||||||||
| d. | Subscription Fee | : | 0,00% | |||||||||
| e. | Redemption Fee | : | 0,00% | |||||||||
| f. | Investment Manager Fee | : | Maximum 1.000% p.a | |||||||||
| g. | Custodian Bank Fee | : | Maximum 0.25% p.a | |||||||||
| h. | Ownership Minimum Limit | : | Rp. 100.000 | |||||||||
| i. | Portfolio Composition | : |
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