Eid Mubarak has arrived. If the last two years the joy of this holiday was limited by distance due to the pandemic, this year you will be able to visit your hometown. You may be wondering, while on the way home, can you still invest? The answer is, because all activities related to the Indonesia Stock Exchange will be closed.
If you want to make a subscription or redemption transaction for Mutual Funds & Bonds, you must pay attention to the stock exchange holidays and the applicable time limits. Because at that time there is no transaction that will be processed.
So, when is the stock exchange holiday and the deadline for Mutual Funds & Bonds transactions during Eid Mubarak? Save the date, starting from April 29 – May 6, 2022. The deadline for Mutual Fund transactions is 13.00 WIB on weekdays. Specifically for redemption transaction, funds will enter the account no later than seven trading days after submission. Example of Mutual Fund transaction:
- Mutual Fund transactions on April 28, 2022 before00 WIB will use the net asset value (NAV) per unit on April 28, 2022. Updated in the portfolio on May 9, 2022. For redemption transactions, funds will enter the account no later than May 18 2022.
- Mutual Fund transactions on April 28, 2022 after00 WIB will use the NAV per unit on May 9, 2022. Updated in the portfolio on May 10, 2022. For redemption transactions, funds will enter the account no later than May 19, 2022.
As for Secondary Bonds, the transaction deadline is at 14.00 WIB and settlement will be made H+2 trading days for IDR and H+3 trading days for USD, here are the examples:
- IDR Bond transaction on 28 April 2022 before00 WIB with settlement on 10 May 2022 (also specifically for selling transactions, funds will enter the account on) 10 May 2022.
- Bond transactions on 28 April 2022 after00 WIB cannot be carried out and can only be submitted starting from 9 May 2022.
Let's pay attention to the stock exchange schedule above so that your subscription and redemption run smoothly, so you will have a comfortable trip. Don't worry, stock exchange activities will resume on May 9 2022. You can continue the investment transactions by investing in Mutual Funds and Bonds through Welma from BCA.
Keep obeying the health protocols while on the way to your hometown and have a safe trip! For further information, please contact Halo BCA 1500 888 with extension 4.
