Financial Services Authority Regulation Number 56/POJK.04/2020 Concerning Mutual Fund Reporting and Accounting Guidelines

FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA
COPY
FINANCIAL SERVICES AUTHORITY REGULATION
REPUBLIC OF INDONESIA
NUMBER 56/POJK.04/2020
CONCERNING
MUTUAL FUND REPORTING AND ACCOUNTING GUIDELINES BY THE GRACE OF GOD ALMIGHTY THE COMMISSIONERS OF THE FINANCIAL SERVICES AUTHORITY, Considering:
a. that with the transfer of functions, duties, and authority for the regulation and supervision of financial business activities in the capital market sector, including regulations regarding mutual fund reports, from the Capital Market Supervisory Agency and Financial Institutions to the Financial Services Authority; b. that to provide clarity and certainty regarding mutual fund reporting and accounting guidelines, existing legislation in the capital market sector regarding mutual fund reporting and accounting guidelines issued prior to the establishment of the Financial Services Authority needs to be changed into a Financial Services Authority Regulation;
c. that based on the considerations referred to in letters a and b, it is necessary to establish a Financial Services Authority Regulation concerning Mutual Fund Reporting and Accounting Guidelines;

Considering:

1. Law Number 8 of 1995 concerning Capital Markets (State Gazette of the Republic of Indonesia Year 1995 Number 64, Supplement to the State Gazette of the Republic of Indonesia Number 3608);
2. Law Number 21 of 2011 concerning the Financial Services Authority (State Gazette of the Republic of Indonesia Year 2011 Number 111, Supplement to the State Gazette of the Republic of Indonesia Number 5253);

DECIDES:
Establish: FINANCIAL SERVICES AUTHORITY REGULATION CONCERNING MUTUAL FUND REPORTING AND ACCOUNTING GUIDELINES.

CHAPTER I
GENERAL PROVISIONS
Article 1
In this Financial Services Authority Regulation, the following terms are defined as:

1. Securities are securities, namely debt acknowledgment letters, commercial papers, shares, bonds, debt certificates, units of participation in collective investment contracts, futures contracts on Securities, and any derivatives of Securities.
2. Investment Manager is a party whose business activities manage a portfolio of Securities for clients or manage a collective investment portfolio for a group of clients, except insurance companies, pension funds, and banks that conduct their own business activities based on legislation.
3. Custodian Bank is a general bank that has received approval from the Financial Services Authority to conduct business as a custodian.
4. Mutual Fund is a vehicle used to gather funds from public investors to be further invested in a portfolio of Securities by an Investment Manager.
5. Units of Participation are units of measurement that show the interest portion of each party in a collective investment portfolio.

CHAPTER II
MUTUAL FUND REPORTING
Article 2
Custodian Banks in Open-End Mutual Funds are required to submit reports showing the financial position of each Mutual Fund to the Financial Services Authority in the form of:
a. Mutual Fund Asset and Liability Report using the format contained in Appendix I, which is an integral part of this Financial Services Authority Regulation; b. Mutual Fund Operation Report using the format contained in Appendix II, which is an integral part of this Financial Services Authority Regulation;
c. Mutual Fund Net Asset Change Report using the format contained in Appendix III, which is an integral part of this Financial Services Authority Regulation;
d. Mutual Fund Portfolio Report using the format contained in Appendix IV, which is an integral part of this Financial Services Authority Regulation; e. Mutual Fund Operation Information and Ratios Report using the format contained in Appendix V, which is an integral part of this Financial Services Authority Regulation; and f. Mutual Fund Commitments and Contingencies Report using the format contained in Appendix VI, which is an integral part of this Financial Services Authority Regulation.

Article 3
The submission of reports as referred to in Article 2 must meet the following requirements:
a. reports as referred to in Article 2 letters a, b, c, and d must be submitted every day no later than 10:00 Western Indonesia Time on the next working day; b. reports as referred to in Article 2 letters e and f must be submitted at the end of each month no later than the 5th (fifth) working day of the following month; and
c. reports must be submitted electronically using a system established by the Financial Services Authority.

Article 4
Custodian Banks and Investment Managers are required to ensure the completeness of report data available in the Appendices as referred to in Article 2 and the accuracy of the calculation of Mutual Fund reports submitted.

Article 5
In the case of Closed-End Mutual Funds, reports as referred to in Article 2 must be submitted to the Financial Services Authority by:
a. Investment Manager; b. Appointed Custodian Bank that performs net asset value calculations for Mutual Funds according to the contract; or
c. Board of Directors of Mutual Funds in the form of a Company.

Article 6
(1) Custodian Banks in Open-End Mutual Funds are required to submit financial information to the Investment Manager at the beginning of every working day showing fund positions at the end of the previous working day's activities. (2) The financial information as referred to in paragraph (1) must be submitted using the formats contained in Appendix I and Appendix IV, which are integral parts of this Financial Services Authority Regulation, based on daily data.

Article 7
When repurchasing shares or Units of Participation, Custodian Banks in Open-End Mutual Funds are required to provide confirmation to shareholders or Unit holders with the following information:
a. repurchase date; b. net asset value of the Mutual Fund used to calculate the number of shares or Units of Participation repurchased;
c. number of shares or Units of Participation owned before repurchase;
d. number of shares or Units of Participation repurchased; e. number of shares or Units of Participation owned after repurchase; f. details of gross proceeds from repurchase, consisting of:

1. gross repurchase amount related to the value of return on investment from the account of shares or Units of Participation issued;
2. gross repurchase amount related to the realized investment income account;
3. gross repurchase amount related to the unrealized profit and loss account;
4. gross repurchase amount related to the realized profit and loss account; and
5. costs or expenses reducing the gross proceeds from repurchase, permitted according to the collective investment contract; and
   g. in the event of further indications of each category of proceeds as referred to in letter f, tax treatment is also included in the information provided.

Article 8
Custodian Banks in Open-End Mutual Funds are required to send reports to each shareholder or Unit holder with the following requirements:
a. no later than the 12th (twelfth) day of the following month if in the previous month there was a mutation in the number of shares or Units of Participation owned by the shareholder or Unit holder; b. no later than the 12th (twelfth) day of January representing account positions on December 31; and
c. reports must contain at least the following information:

1. name, address, account title, and account number of the shareholder or Unit holder;
2. number of shares or Units of Participation owned at the beginning of the period;
3. date, net asset value of the Mutual Fund, and number of shares or Units of Participation bought or sold back in each transaction during the period;
4. date of each dividend or cash distribution and number of shares or Units of Participation receiving dividends;
5. details of the portfolio held; and
6. details of the tax status of income, if there is income obtained by shareholders or Unit holders during a specific period, while still paying attention to income and expense categories as referred to in Article 7 letters f and g, namely:
   a) total income during a specific period, whether distributed or not distributed; b) details of the portion of income distributed to shareholders or Unit holders in cash; c) description of the portion of income distributed as part of the sale back of shares or Units of Participation; d) details of income including tax calculations and the amount of tax paid; and e) details of undistributed income.

CHAPTER III
MUTUAL FUND ACCOUNTING GUIDELINES
First Section
Securities Portfolio Accounting
Article 9
Securities transactions must be recorded on the date of the transaction, with the following requirements:
a. Securities purchased:

1. are debited to the investment account with the purchase price, after adding transaction costs, and recorded on line numbers 1, 2, 3, or 4; and
2. are credited to the securities purchase payable account and recorded on line number 12,
   contained in Appendix I, which is an integral part of this Financial Services Authority Regulation. b. Securities sold:
3. are credited to the investment account at the selling price after deducting transaction costs and recorded on line numbers 1, 2, 3, or 4; and
4. are debited to the receivables from securities sales account and on line number 8,
   contained in Appendix I, which is an integral part of this Financial Services Authority Regulation.
   c. brokerage commissions are recorded in the subsidiary books and recorded on line numbers 25 and 26 contained in Appendix V, which is an integral part of this Financial Services Authority Regulation;

d. investments in money market instruments including debt-type Securities with a maturity of less than 1 (one) year are recorded on line number 1 contained in Appendix I with detailed portfolios according to the format contained in Appendix IV, which is an integral part of this Financial Services Authority Regulation; e. investments in other debt instruments including debt-type Securities with a maturity of one year or more, including bonds and convertible debt, are recorded on line number 2 contained in Appendix I with detailed portfolios according to the format contained in Appendix IV, which is an integral part of this Financial Services Authority Regulation; f. investments in shares are recorded in line number 3 contained in Appendix I with detailed portfolios according to the format contained in Appendix IV, which is an integral part of this Financial Services Authority Regulation; g. investments in warrants and rights include warrants and rights that have not yet matured and other Securities, recorded in line number 4 contained in Appendix I with detailed portfolios according to the format contained in Appendix IV, which is an integral part of this Financial Services Authority Regulation; h. undistributed periodic net profit and loss are recorded in accumulated profit and loss up to the previous year and recorded on line number 18 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation; and
i. if Mutual Funds purchase shares in a Public Offering, transaction booking before the allocation date is debited to Other Assets - Advance Payment for Securities and recorded on line number 10 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation, and credited to cash.

Second Section
Profit and Loss Accounting
Article 10
The Investment Accounts of Mutual Funds must be adjusted to fair market value every working day, based on the evaluation of each Security's value as determined in the Financial Services Authority Regulation regarding Fair Market Value of Securities in Mutual Fund Portfolios, with the following requirements:
a. daily adjustments to the value of investment accounts are debited or credited to each investment account and to the account reported on line number 20 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation, as unrealized net profit and loss; and b. subsidiary books are created for each Security showing the purchase price after adding transaction costs.

Article 11
(1) Interest income from debt-type Securities must be recognized daily and debited to interest receivables and credited to unrealized net profit and loss, with the following requirements:
a. if the collectibility of interest receivables is doubtful and/or default occurs, a provision is made for doubtful interest receivables; b. the purchase discount from the principal value of debt-type Securities without coupon interest is recognized daily as interest income;
c. the difference between the purchase price and selling price of debt-type Securities obtained through a repurchase agreement that cannot be canceled is treated as interest income and recognized daily;
d. interest on bonds traded with a price excluding interest that is still receivable is recorded as follows:

1. interest still payable as an addition to the purchase price is debited to interest receivables and credited to cash;
2. running coupon interest is recognized daily and debited to interest receivables and credited to net investment profit and loss, and reported on line number 2 contained in Appendix II, which is an integral part of this Financial Services Authority Regulation; and
3. interest received (sold) is debited to cash and credited to interest receivables; and
   e. interest on bonds traded with a price including interest that is still receivable is not recognized daily, but recorded on the bond ex-interest date, in a manner similar to dividends received on shares. (2) Interest income as referred to in paragraph (1) must be reported on line numbers 7 and 20 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation.

Article 12
(1) Dividend income must:

1. be recorded on the ex-dividend date for Securities traded on the exchange or on the date dividends are distributed to registered shareholders for Securities not traded on the exchange; and
2. be booked in dividend receivables and reported on line numbers 6 and 22 contained in Appendix I and on line number 1 of Appendix II, which are integral parts of this Financial Services Authority Regulation.
   (2) In the event that the collectibility of dividend receivables is doubtful and/or default occurs, a provision must be made for doubtful dividend receivables.

Article 13
Realized net profit and loss from the sale of Securities must be determined based on the average cost method, which includes:
a. costs, commissions, and transaction costs; and b. the difference between the average cost of Securities sold and the net selling price is booked in a special profit and loss account for realized profits and losses and reported on line number 21 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation, and on line number 11 of Appendix II, which is an integral part of this Financial Services Authority Regulation.

Article 14
Every realized and unrealized investment income reported on line numbers 20, 21, and 22 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation, must include detailed sub-accounts recording the amount of realized or unrealized investment income that is the right of each shareholder or Unit holder of the Mutual Fund.

Article 15
Management fees, Custodian fees, and other costs related to Open-End Mutual Funds must be charged daily.

Third Section
Open-End Mutual Fund Shares or Units of Participation Accounts
Article 16
Individual share or Unit of Participation accounts issued must be created for each investor in Open-End Mutual Funds, with the following requirements:
a. in the event of issuing shares or Units of Participation, the net sales price of shares or Units of Participation is credited to each investor's account in the Issued Shares or Units of Participation account and reported on line number 16 contained in Appendix I and on line number 7 contained in Appendix III, which are integral parts of this Financial Services Authority Regulation; b. in the event of repurchasing shares or Units of Participation, the amount to be debited to each investor's account in the Issued Shares or Units of Participation account is the same as the previous account balance multiplied by the repurchase ratio;
c. the total value of shares or Units of Participation sold back by shareholders or Unit holders is reported on line number 8 contained in Appendix III, which is an integral part of this Financial Services Authority Regulation; and
d. the difference between the total value of shares or Units of Participation sold back and the value debited to the issued shares or Units of Participation account is debited using the same ratio as referred to in letter b to each investor's realized and unrealized income accounts.

Article 17
(1) Cash distributions to shareholders or Unit holders must:

1. be credited to the cash account; and
2. be debited to the issued shares or Units of Participation account, realized investment income account, and unrealized investment income account for each investor in proportion to the account balance of each individual compared to the total distribution for each individual investor.
   (2) Cash distributions are reported on line number 8 contained in Appendix III, which is an integral part of this Financial Services Authority Regulation, and are reflected in balances reported on line numbers 5, 16, 20, 21, and 22 contained in Appendix I, which is an integral part of this Financial Services Authority Regulation.

Article 18
As determined in the collective investment contract or the articles of association of Open-End Mutual Funds, the net asset value per share or Unit of Participation may be increased or decreased by proportionally modifying the number of shares or Units of Participation owned by each shareholder or Unit holder.

Article 19
The number of shares or Units of Participation owned by each investor in Open-End Mutual Funds must be recorded with at least 3 (three) decimal places.

Article 20
Regarding cash distributions as referred to in Article 17, the custodian is required to provide confirmation to investors regarding the same details of gross proceeds as referred to in Article 7 letters f and g.

CHAPTER IV
ADMINISTRATIVE SANCTIONS
Article 21
(1) Every party that violates the provisions as referred to in Article 2, Article 3, Article 4, Article 5, Article 6, Article 7, Article 8, Article 9, Article 10, Article 11, Article 12, Article 13, Article 14, Article 15, Article 16, Article 17 paragraph (1), Article 19, and Article 20 is subject to administrative sanctions. (2) Sanctions as referred to in paragraph (1) are also imposed on parties causing the violations as referred to in paragraph (1). (3) Sanctions as referred to in paragraph (1) and paragraph (2) are imposed by the Financial Services Authority. (4) Administrative sanctions as referred to in paragraph (1) consist of:
a. written warning; b. fine, namely the obligation to pay a certain amount of money;
c. restriction of business activities;
d. suspension of business activities; e. revocation of business license; f. cancellation of approval; and/or g. cancellation of registration. (5) Administrative sanctions as referred to in paragraph (4) letters b, c, d, e, f, or g may be imposed with or without prior imposition of administrative sanctions in the form of a written warning as referred to in paragraph (4) letter a. (6) Administrative sanctions in the form of fines as referred to in paragraph (4) letter b may be imposed separately or together with the imposition of administrative sanctions as referred to in paragraph (4) letters c, d, e, f, or g. (7) The procedure for imposing sanctions as referred to in paragraph (3) is carried out in accordance with existing legislation.

Article 22
In addition to administrative sanctions as referred to in Article 21 paragraph (4), the Financial Services Authority may take certain actions against any party violating the provisions of this Financial Services Authority Regulation.

Article 23
The Financial Services Authority may announce the imposition of administrative sanctions as referred to in Article 21 paragraph (4) and specific actions as referred to in Article 22 to the public.

CHAPTER V
CLOSING PROVISIONS
Article 24
Upon the enactment of this Financial Services Authority Regulation:
a. Decision of the Chairman of the Capital Market Supervisory Agency Number Kep-06/PM/2004 concerning Mutual Fund Reports, along with Regulation Number X.D.1 which is its appendix; and b. Decision of the Chairman of the Capital Market Supervisory Agency Number Kep-21/PM/2004 concerning Mutual Fund Accounting Guidelines, along with Regulation Number VIII.G.8 which is its appendix, are repealed and declared invalid.

Article 25
This Financial Services Authority Regulation takes effect upon enactment.

This copy is consistent with the original
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

To ensure everyone knows, ordering the enactment of this Financial Services Authority Regulation by placing it in the State Gazette of the Republic of Indonesia. Established in Jakarta on December 3, 2020 CHAIRMAN OF THE COMMISSIONERS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA, signed WIMBOH SANTOSO

Enacted in Jakarta on December 11, 2020
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA, signed
YASONNA H. LAOLY
STATE GAZETTE OF THE REPUBLIC OF INDONESIA YEAR 2020 NUMBER 280

EXPLANATION
OF
FINANCIAL SERVICES AUTHORITY REGULATION
REPUBLIC OF INDONESIA
NUMBER 56/POJK.04/2020
CONCERNING
MUTUAL FUND REPORTING AND ACCOUNTING GUIDELINES

I. GENERAL
That since December 31, 2012, the functions, duties, and authority for the regulation and supervision of financial business activities in the capital market, insurance, pension funds, financing institutions, and other financial service institutions have transferred from the Minister of Finance and the Capital Market Supervisory Agency and Financial Institutions to the Financial Services Authority. In light of the above, it is necessary to reorganize the structure of existing regulations, particularly those related to the capital market sector, by converting Capital Market Supervisory Agency and Financial Institutions Regulations related to the capital market sector into Financial Services Authority Regulations. This reorganization is conducted so that Financial Services Authority Regulations related to the capital market sector are consistent with Financial Services Authority Regulations in other sectors. Based on the background and aspects mentioned, it is necessary to replace legislation in the capital market sector regulating Mutual Fund reports, Mutual Fund accounting guidelines, and information in the short financial summary of Mutual Funds, namely:
a. Decision of the Chairman of the Capital Market Supervisory Agency Number Kep-06/PM/2004 concerning Mutual Fund Reports, along with Regulation Number X.D.1 which is its appendix; and

b. The Decree of the Head of the Capital Market Supervisory Agency Number Kep21/PM/2004 concerning Mutual Fund Accounting Guidelines, along with Regulation Number VIII.G.8 which is its appendix, becomes the Otoritas Jasa Keuangan Regulation concerning Mutual Fund Reporting and Accounting Guidelines.

II. ARTICLE BY ARTICLE

Article 1
Clearly stated.

Article 2
Clearly stated.

Article 3
The system established by OJK to receive reports electronically at the time this regulation is set is S-INVEST.

Article 4
Clearly stated.

Article 5
Clearly stated.

Article 6
Clearly stated.

Article 7
Letter a
Clearly stated.

Letter b
Clearly stated.

Letter c
Clearly stated.

Letter d
Clearly stated.

Letter e
Clearly stated.

Letter f
Number 1
Clearly stated.

Number 2
Clearly stated.

Number 3
Clearly stated.

Number 4
Clearly stated.

Number 5
A Collective Investment Contract is a contract between the Investment Manager and the Custodian Bank that binds Unit Holders, whereby the Investment Manager is authorized to manage the collective investment portfolio and the Custodian Bank is authorized to carry out Collective Custody.

Letter g
Clearly stated.

Article 8
Clearly stated.

Article 9
Letter a
Clearly stated.

Letter b
Clearly stated.

Letter c
Clearly stated.

Letter d
Clearly stated.

Letter e
Clearly stated.

Letter f
Clearly stated.

Letter g
Other securities include Foreign Mutual Fund Units and Asset-Backed Securities.

Letter h
Clearly stated.

Letter i
Clearly stated.

Article 10
Clearly stated.

Article 11
Paragraph (1)
Letter a
In practice, "default" is commonly referred to as default.

Letter b
Clearly stated.

Letter c
Clearly stated.

Letter d
The term "sold interest" refers to the bond coupon from a bond that is sold.

Letter e
In practice, the "bond without interest date" is commonly referred to as the ex-interest date.

Paragraph (2)
Clearly stated.

Article 12
Paragraph (1)
In practice, the "ex-dividend date" is commonly called the ex-dividend date.

Paragraph (2)
Clearly stated.

Article 13
In practice, the "average cost method" is commonly called the average cost method.

Article 14
Clearly stated.

Article 15
The daily charging of costs is intended to obtain a fair daily Net Asset Value (NAV).

Article 16
Letter a
Clearly stated.

Letter b
The "repurchase ratio" refers to the ratio between the number of shares or Units sold back and the number of shares or Units previously held.

Letter c
Clearly stated.

Letter d
Clearly stated.

Article 17
Clearly stated.

Article 18
Clearly stated.

Article 19
Clearly stated.

Article 20
Clearly stated.

Article 21
Clearly stated.

Article 22
Clearly stated.

Article 23
The term "specific actions" includes, among others, orders to replace the Custodian Bank, orders to replace the Investment Manager, and orders to correct reports in accordance with the provisions regulated in this Otoritas Jasa Keuangan Regulation.

Article 24
Clearly stated.

Article 25
Clearly stated.

SUPPLEMENT TO THE STATE GAZETTE OF THE REPUBLIC OF INDONESIA NUMBER 6593

APPENDIX I
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES
Jakarta,........... 20............

MUTUAL FUND ASSET AND LIABILITY REPORT

Investment Manager :
Custodian Bank :
Mutual Fund Name :
Mutual Fund Type :
Date :

ASSET AND LIABILITY REPORT as of Today

Assets
1 Investment in Money Market Instruments
2 Investment in Other Debt Instruments
3 Investment in Stocks
4 Investment in Warrants and Rights
5 Cash
6 Dividend Receivables
7 Interest Receivables
8 Receivables from Sold Securities
9 Other Receivables
10 Other Assets (Prepaid Taxes)
11 TOTAL ASSETS

Liabilities
12 Payables for Purchased Securities
13 Other Payables
14 TOTAL LIABILITIES
15 TOTAL NET ASSETS

16 Number of Shares/Units Issued
17 Share/Unit Repurchase
18 Accumulated Profit/Loss up to the previous year 19 Distributed Income 20 Unrealized Profit/Loss 21 Realized Profit/Loss 22 Net Investment Income 23 TOTAL SHARES/UNITS AND PROFIT/LOSS 24 Number of Shares/Units Outstanding 25 Net Asset Value per Share/Unit

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

APPENDIX II
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES

MUTUAL FUND OPERATION REPORT

Investment Manager :
Custodian Bank :
Mutual Fund Name :
Mutual Fund Type :
Date :

OPERATION REPORT as of Today

Investment Income
1 Dividends
2 Interest
TOTAL INVESTMENT INCOME

Investment Management Costs
4 Investment Management Costs
5 Custodian Costs
6 Other Costs
7 Bad Debt Costs
8 Tax Provisions
9 TOTAL COSTS

NET INVESTMENT INCOME

Realized and Unrealized Profit/Loss
Net Realized Investment Profit/Loss
Unrealized Profit/Loss

NET INVESTMENT PROFIT/LOSS

NET OPERATING INCOME

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

APPENDIX III
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES

MUTUAL FUND NET ASSET CHANGE REPORT

Investment Manager :
Custodian Bank :
Mutual Fund Name :
Mutual Fund Type :
Date :

NET ASSET CHANGE REPORT as of Today

NO.
Changes in Net Wealth from Operational Results Net Investment Income Net Realized Investment Profit/Loss Adjustments to Accumulated Profit/Loss up to the previous year Changes in unrealized increases 5 TOTAL

Transactions for Share/Unit Holders
6 Distributions to Share/Unit Holders
Sale of Shares/Units
8 Share/Unit Repurchase

CHANGE IN NET WEALTH

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

APPENDIX IV
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES

MUTUAL FUND PORTFOLIO REPORT

Investment Manager :
Custodian Bank :
Mutual Fund Name :
Mutual Fund Type :
Date :

No. Value
Purchase
Number of Shares/Number
Nominal Value
Maturity Date
Security Name
NPW per share/
NPW against nominal value
(%)
Total Value
Total Value against
NAV in %
Investment Limit based on investment policy
Accrued Interest
A STOCKS
…
B BONDS

…
C DEPOSITS
…
D
OTHER
SECURITIES
…

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

APPENDIX V
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES

MUTUAL FUND OPERATIONAL INFORMATION AND RATIO REPORT

Investment Manager :
Custodian Bank :
Mutual Fund Name :
Mutual Fund Type :
Date :

NO. NET ASSET CHANGE REPORT as of
This Month
Changes in Net Wealth from Operational Results % money market securities against net asset value % other debt securities against net asset value % Stocks against net asset value % Warrants and Rights against net asset value 5 % Cash against net asset value Total Investment Return, last 12 months % costs in the last 12 months against average net asset value

Marketing Indicators
Number of shareholders/unit holders at the end of the month Number of foreign shareholders/unit holders Number of domestic shareholders/unit holders % Shares/Units held by foreign investors % Shares/Units held by domestic investors (including Investment Manager) % Shares/Units held by the top 10 shareholders/unit holders other than the Investment Manager at the end of the month % Shares/Units held by the Investment Manager at the end of the month Number of new shareholders/unit holders in this month

Liquidity Indicators
% Share/Unit repurchase against net asset value at the beginning of the month % Share/Unit sales against net asset value % Highest daily net share/Unit repurchase from average cash position this month % Highest Shares/Units held by Investment Manager from total Shares/Units outstanding

Other Indicators as of
This Month
Net Asset Value per Share/Unit at the end of the month % Securities exceeding the 10% limit against net asset value % Securities exceeding the 5% limit against Issuance Number of Securities purchased in this month Number of Securities sold in this month 25 Total Brokerage Commissions paid this month 26 Total Brokerage Commissions paid to Securities Brokers affiliated with the Investment Manager

Other
% Money Market Instruments from Investment
Portfolio
% Other Debt Instruments from Investment
Portfolio

% Stocks from Investment
Portfolio
% Warrants and Rights from
Investment Portfolio
% Cash from Investment
Portfolio

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

APPENDIX VI
OTORITAS JASA KEUANGAN REGULATION
NUMBER 56 /POJK.04/2020
CONCERNING MUTUAL FUND REPORTING AND
ACCOUNTING GUIDELINES

NO. MUTUAL FUND COMMITMENTS AND CONTINGENCIES

Investment
Manager :
Custodian
Bank :
Mutual Fund
Name :
Mutual Fund
Type :
Date :

No
Type
Transaction
Transaction Date Maturity/Execution Date Transaction Value Current Value Current Value Against NAV Commitments … Contingencies …

This copy is consistent with the original
Legal Director 1
Legal Department signed
Mufli Asmawidjaja

Submission Time
Custodian Bank/Investment Manager/Board of Directors* Full Name Position *Closed-End Mutual Funds

Determined in Jakarta on December 3, 2020
CHAIRMAN OF THE COMMISSIONERS
OTORITAS JASA KEUANGAN
REPUBLIC OF INDONESIA, signed
WIMBOH SANTOSO