reksadana

REKSADANA

Viewed from the home he said, mutual funds derived from the word "mutual", meaning guard or maintain and the word "funds" which means (collection) of money, so mutual funds can be defined as "a collection of money on a pet (together for a cause)". Generally interpret as a mutual fund in which the container used to collect funds from public investors for further diinvestasilkan in portfolio securities by the investment manager (fund manager).
Law while the capital markets in 1995 the number 8, Article 1 paragraph (27) defines the monthly mutual fund is a container that is used to raise funds from public investors to further invest in portfolio securities by a securities manager. While in the United States mutual funds in terms kenala Mutual fund, known in England called the unit trusts, while in Japan known as Investment trust term.

Mutual fund is one of the alternative investment for the investor community, particularly small investors and investors who do not have a lot of time and expertise to calculate the risk on their investment. Mutual fund designed as a means to raise funds from the community thinking about the capital and the willingness to invest, but only have time and knowledge that reksadan also terbatas.selain expected to meninngkatkan role of local investors to invest in the Indonesian capital market.

Benefits of Mutual Fund Investors:

• Investors, though not a large enough budget, can diversify investments in securities, so as to minimize the risk.
• Reksadan facilitate investors to invest in the market shares modal.menentukan good to buy is not an easy task, but requires knowledge and skill, which not all investors have the knowledge.
• Efficiency waktu.dengan investing in mutual funds managed by professional investment managers, investors need not bother to monitor the investment performance for the activities transferred to tealh investment manager.

Risk Mutual Funds for Investors:

• Risk reduction in the value of units
This risk is influenced by the declining prices of securities (stocks, bonds, and securities) are included in the mutual fund portfolio.
• Liquidity Risk
Menyangut difficulties faced by the investment manager if the majority of unit holders to resale (redemption) of units held.
• The risk of defaults (fails to pay)
Is the worst risk, may arise because insurance companies are mutual funds wealth mengansuransikan not immediately pay compensation or pay less than the sum insured when things happen that are not desirable, such as defaults from the parties involved in the mutual fund.

Types of Mutual Funds:

Judging from its shape:

• Mutual fund companies form (corporate type)
In this form, the publishing company's mutual funds raise funds by selling shares, and further funds from these sales hasi invested in various types of securities traded in capital markets and financial markets.
Mutual fund companies form distinguished by its nature a mutual fund company that is open and that this tertutup.bentuk has characteristics as follows:
1. Its legal form is a Limited Liability Company (PT)
2. Wealth management of mutual funds based on contracts between the directors of companies with investment managers in point.
3. Storing wealth in mutual funds based on the contract between the bank's investment manager Custodian.

• Mutual Fund Collective Investment Contract form (contractual type)
Mutual fund is a form of contract between an investment manager with the custodian banks that attract shareholders Units (UP), in which the investment manager in the given authority to manage a collective investment portfolio and Kustodion banks authorized to conduct collective care. This form has the characteristics as follows:
1. Its legal form is a collective investment contract
2. Management of mutual funds by investment managers under contract.
3. Storage kekeyaan collective investment banks conducted by the Custodian under the contract.

Viewed from nature, mutual funds can be categorized into:

1. Mutual funds are closed and (closed-end fund)
Mutual funds can not buy back the shares already sold to investors.

2. Mutual funds are open (open-end fund)
Rreksadana offering and buy back shares from investors to a number of capital already dikeliarkan.


Judging from its investment portfolio, mutual funds can be categorized into:

• Mutual fund money market (money market funds)
This type of mutual fund investing only in securities which are debt with maturity less than 1 tahun.tujuannya is to maintain liquidity and capital maintenance.

• Mutual fund fixed income (fixed income funds)
This type of mutual fund investing at least 80% of assets in the form of securities that are debt.

• Mutual fund shares (equity funds)
Mutual funds that invest at least 80% of assets in the form of securities that are equity.

• Mutual Funds mixture (discretionary funds)
This type of mutual fund investing in securities that are equity and debt securities that are.





Seen from the investment objectives, mutual funds can be categorized into:

• Growth Fund
Mutual funds that focus on the pursuit of growth in the value of this type usually reksadana.reksadana allocate funds on the stock.

• Income Fund
Mutual fund revenues konstan.Reksadana prioritizing this type allocate funds in debt securities or bonds.

• Safety Fund
Mutual funds to prioritize the security of the general type pertumbuhan.Reksadana allocate funds in the money market.