News
Jakarta, 14 June 2021 – One of the subsidiaries of PT MNC Kapital Indonesia Tbk (BCAP) under auspices of the MNC Group which is engaged in the mutual fund industry, MNC Asset Management (MAM), became one of the speakers at the ETFest 2021 event initiated by Indopremier Securities as a partner of Mutual Fund Selling Agent (APERD) from MAM. The first ETFest Festival in Indonesia carries the concept of online capital market education activities and specifically discusses all matters related to ETF mutual funds.
Director of MAM, Edwin Sebayang, as a main speakers said that the background for selecting the reference index for the MNC36 Likuid ETF mutual fund product was chosen based on comprehensive research coupled with in-depth fundamental analysis and taking into account market capitalization, valuation value and liquidity.
Edwin said that in the future the ETF market will be attractive because of its flexibility and transparent management. "To ensure some public financial literacy and the need for investment in stock instruments, the ETF is right for people who buy at the same time appropriately and flexibly with the selected index," he continued.
The difference between ETFs and conventional equity mutual funds in management is that investors can find out all the assets in the ETF and the amount of the asset allocation. So that investors can be more flexible in uniting the shares that are the allocation of the ETF and the risks that may occur in the ETFs they invest. While the flexibility of ETFs can be done faster without having to wait for the net asset value (NAV) on days like conventional mutual funds because the price obtained can be directly formed at the time of making a transaction.
The MNC36 Likuid ETF mutual fund can be purchased by the public through participating dealers of Indopremier Sekuritas or other securities with a thicker XMTS code.