LAUNCHING OF AYERS ASIA ASSET MANAGEMENT EQUITY INDEX MUTUAL FUND SRI-KEHATI
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Date:
30 Apr 2020 -
Author:
KEHATI
With the increasing global trend towards sustainable investment and their commitment to foster sustainable investment within Indonesia, PT Ayers Asia Asset Management introduced the Ayers Asia Asset Management Equity Index Mutual Fund SRI-KEHATI on 16 July 2018. The launch took place at the Indonesia Stock Exchange during market opening.
The aforementioned Equity Index Mutual Fund SRI-KEHATI by Ayers Asia Asset Management is a mutual fund. Its objective is to yield investment returns that mirror the performance of the SRI-KEHATI Index.
The Ayers Asia Asset Management Equity Index Index Mutual Fund Sri-Kehati aims to achieve its investment goals by allocating at least 80% of its portfolio to shares listed on the SRI-KEHATI Index. The proportion of each share in the portfolio will be established based on proportionate representation, reflecting the individual weight of each share within the SRI-KEHATI Index. Such representation will range between 80 and 120% of the respective share’s weight within the SRI-KEHATI Index.
The PT Ayers Asia Asset Management’s President Director, Dastin Mirjaya Mudijana, emphasized that the SRI-KEHATI Index is unique in Indonesia as it is the only index which comprises of stock entities that are fundamentally aligned with environment friendly, socially responsible, and sound corporate governance principles. The decision to adopt the SRI-KEHATI Index as a benchmark index was influenced by its historical high-performance level. It has consistently surpassed the Jakarta Composite Index. Up until September 2017, there has been a 16.62% increase in the SRI-KEHATI Index value from the beginning of that year, in comparison to a lesser 11.41% growth in the Composite Stock Price Index. Over the past 5 years, the SRI-KEHATI Index has reported an impressive growth of 56.01%.
PT Ayers Asia Asset Management plans to employ a two-fold strategy for marketing the Ayers Asia Asset Management Equity Index Sri-Kehati Index Mutual Fund. Firstly, the company will utilize its internal marketing team, and secondly, it will join forces with Mutual Fund Selling Agents (“APERD”) which will ensure the investment product gains exposure to a broad spectrum of investors.
The Ayers Asia Asset Management Equity Index Sri-Kehati Index Mutual Fund distinguishes itself as an eco-friendly investment choice, expected to deliver attractive returns and potential profits. This investment option is anticipated to provide not only benefits to investors but also contribute positively towards global sustainability.