Education

The definition of Investment Fund according to Chapter I Law Number: 8 of 1995 on Capital Market, Mutual Fund is a container vehicle used to raise gather funds from the investors to be reinvested in securities portfolio by the investment manager.

Collective Investment Contract is a contract between Investment Manager and Custodian Bank that binds Participation Unit holders in which Investment Manager is authorized to manage Collective Investment portfolio, and the Custodian Bank is authorized to conduct Collective Custody (POJK No: 23 / POJK.04 / 2016).