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Fund Fact Sheet, November 2019

Mandiri Investa Ekuitas DinamisEquity Fund

NAV/Unit IDR 892.10Investment ObjectiveTo provide optimal long term capital appreciation primarily through investing in listed Indonesian equities.

Investment Policy Portfolio AllocationMoney Market : 0% - 20% Money Market : 1.20%Equity : 80% - 100% Equity : 98.80%

Fund PerformanceMIED Benchmark*

Mar-11 Nov-11 Jun-12 Feb-13 Sep-13 Apr-14 Dec-14 Jul-15 Mar-16 Oct-16 May-17 Jan-18 Aug-18 Apr-19 Nov-19-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

Top HoldingIn Alphabetical Order

Adaro Energy Tbk. EquityAdi Sarana Armada Tbk. EquityBintarco Dharma Tbk EquityBlue Bird Tbk. EquityPerusahaan Gas Negara (Persero) Tbk. Equity

Sector Allocation5 Biggest Sector

Infrastructure, 27.02%Mining, 16.10%Trading, 13.35%Property, 9.87%Others, 32.47%

Performance - 29 November 2019

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years YTDSince

Inception

MIED : -8.14% -9.40% -8.47% -2.66% -11.14% -37.47% -4.43% -10.79%Benchmark* : -7.29% -6.50% -3.91% 1.56% -19.62% -35.41% -0.64% -21.05%

* Since April 2018 benchmark changed to IDX SMC Liquid**Since Augstus 2015, the benchmark is MSCI SMID Growth Index

Reporting Date29-November-2019

Custodian BankDeutsche Bank, Jakarta

Inception Date21-Mar-2011

Asset Under ManagementIDR 220.02 Billion

CurrencyIndonesian rupiah (IDR)

Management FeeMax. 3.00% p.a

Custodian FeeMax. 0.2% p.a

Subscription FeeMin. 1.00% Max. 2.00%

Redemption FeeMax. 1.00% (< 1 Year) * holding period

Switching FeeMax. 1.00%

ISIN codeIDN000113107

BloombergMANIEDI : IJ

Main Risk Factor- Risk of Deteriorating Economic and

Political Condition- Risk of Default- Risk of Liquidity- Risk of Diminishing of NAV of each

participation unit- Risk of Dissolution and Liquidation- Risk of Electronic Media Transaction

Investment Period

Risk Level

<3 3-5 >5

> 5 : long term

High

Market OutlookIn November JCI dropped by 3.48% mom, the opposite with global market performance where S&P500 Index posted return 3.40% mom. The correction on domestic stock market was partly driven by escalated US-China trade negotiation after previously shows some positive progress. Another factor such as MSCI Emerging Market Index rebalancing has lowered Indonesia market weight due to increasing inclusion of China market. This was giving additional foreign outflow pressure during November, which recorded Rp6.8 trillion total foreign outflow. From macro data, Indonesia posted 5.02% yoy GDP growth in Q3’19 inline with market expectation of 5% yoy. Domestic consumption still support the overall economy with 5.02% yoy growth amid slowing investment growth which only grew 4.21% yoy in Q3’19. To boost domestic growth momentum, BI decided to lower banking reserve requirement by 50bps to 5.50%.

About Mandiri InvestasiPT Mandiri Manajemen Investasi (Mandiri Investasi) is a separate subsidiary of PT Mandiri Sekuritas established in December 28, 2004. PT Mandiri Sekuritas is Indonesia’s leading investment bank and a subsidiary of PT Bank Mandiri (Persero) Tbk., the country’s largest state-owned Bank. Mandiri Investasi and/or its predecessors have been managing investment portfolios since 1993. Mandiri Investasi is Indonesia’s largest domestic mutual fund, with total assets under management totaling Rp 56.26 Trillion (as of 29 November 2019).