Bapepam to Found Mutual Fund Rating Firm

StockWatch (Jakarta) - The Capital Market and Financial Institution Supervisory Board (Bapepam LK) is making a plan to found a mutual fund rating firm, Bapepam's head of bureau for investment management, Joko Hendarto, said.

"The rating agency is necessary as it will give an investor a more comprehensive outlook on a mutual fund product," Hendarto said when speaking in a capital market workshop held on Thursday (19/6) in Jakarta.

"So far, there's no mutual fund rating agency in Indonesia, because of, among others, the maturity period of mutual fund which is only five years - which is meant to avoid tax. In fact, a rating requires a long historical track," Hendarto said.

Besides, he said further, Bapepam is preparing to establish a bond valuation institution. "Until recently, bond transactions are done by individuals. Going forward, the institution will make a fair valuation on certain bonds as in stocks which have their valuations recorded in IDX trading chart," he described. (adhi/was)

source : http://www.e-bursa.com/index.php?MODE=1

Akhirnya yang ditunggu-tunggu datang juga. Dengan adanya badan rating reksa dana yang resmi, maka investor sekarang bisa lebih cermat dalam memilih reksa dana.

Di US, salah satu perusahaan yang memberikan rating adalah Morningstar. Morningstar melakukan pemeringkatan reksa dana berdasarkan Sharpe ratio dengan pembobotan. Kita tunggu saja metode rating apa yang akan digunakan oleh Bapepam.