MNC Asset Management

Reksa Dana Pasar Uang		NAV/Unit	30 Days %	YTD %
MNC Dana Lancar		1,822.8555	0.4	1.5
MNC Dana Syariah Barokah		1,438.4592	0.41	1.47

Reksa Dana Pendapatan Tetap	NAV/Unit	30 Days %	YTD %
MNC Dana Likuid	3,117.0410	0.05	1.28
MNC Dana Syariah	3,401.4681	0.22	1.33
MNC Dana SBN	1,395.6022	-0.85	-0.68

Reksa Dana Saham		NAV/Unit	30 Days %	YTD %
MNC Dana Ekuitas		2,103.5472	-5.5	-5.87
MNC Smart Equity Fund		585.31	-6.25	-6.63

PT MNC Asset Management committed to implement good Corporate Governance and comply with applicable regulations by establishing Governance Guidelines to ensure that company operations are managed based on principles of transparency, accountability, responsibility, independence and fairness to gain investor confidence.

BOARD OF COMMISSIONERS AND DIRECTORS

DUTIES AND AUTHORITIES OF THE BOARD OF COMMISSIONERS

Responsible for supervision of the company's management policies and providing direction to the Board of Directors.
Supervise the implementation of Good Corporate Governance.
Establish a Committee or appoint a party to carry out the function of monitoring compliance in order to support the duties and responsibilities of the Board of Commissioners.
Carry out the audit function through an Independent Commissioner.

DUTIES AND AUTHORITIES OF THE BOARD OF DIRECTORS

The Board of Directors carries out and responsible for the management of the Investment Manager in accordance with the objectives of the Investment Manager as stipulated in the Company's Articles of Association.
The Board of Directors may establish a Committee and/or supporting unit of the Board of Directors to support the effectiveness of the implementation of its duties and responsibilities.
The Board of Directors shall follow up on the audit findings, and recommendations from the risk management function, compliance and internal audit, the results of the supervision of Board of Commissioners and the results of the supervision of the Financial Services Authority.

SPECIAL COMMITTEES AND UNITS

To implement and enforce the provisions of the Financial Services Authority Regulation and applicable laws, especially in the Capital Market, the Board of Commissioners and the Board of Directors establish a Committee and/or special unit that can support the effect implementing their respective duties and responsibilities.

AUDIT COMMITTEE

The purpose of the establishment of the Audit Committee is to assist in the implementation of the duties and responsibilities of the Board of Commissioners in monitoring and ensuring the effectiveness of the internal control system and the implementation of the duties of internal auditors and external auditors.

The Audit Committee is chaired by an Independent Commissioner, and consists of Members of the Board of Commissioners and other parties from outside the Company.

CORPORATE GOVERNANCE COMMITTEE

The establishment of the Corporate Governance Committee aims to assist in the implementation of the duties and responsibilities of the Board of Commissioners related in reviewing and monitoring the implementation of Corporate Governance as a whole and assessing the consistency of its implementation and improving compliance with applicable laws and regulations and ethical values.

The Corporate Governance Committee is chaired by the President Commissioners, consisting of members of the Board of Commissioners and parties from outside the Company who have knowledge and/or experience in the fields of risk management, finance, economics and/or law.

RISK MONITORING COMMITTEE

The establishment of the Risk Monitoring Committee aims to assist the Board of Commissioners in monitoring the implementation of risk management prepared by the Board of Directors and assessing the risk tolerance that can be taken by the Company and improving compliance with applicable laws and regulations and ethical values.

The Risk Monitoring Committee is chaired by the President Commissioner, and consists of members of the Board of Commissioners and parties from outside the Company who have knowledge and/or experience in the fields of risk management, finance, economics and/or law.

INVESTMENT COMMITTEE

The Investment Committee is in charge of directing and supervising the Investment Management Team in carrying out investment policies and strategies. The Investment Management Team is a team in charge of managing a Securities Portfolio for customers or a collective investment portfolio for a group of customers.

Members of the Investment Committee consist of members of the Board of Directors, members of the Board of Commissioners and professionals outside the company who have experience in the Capital market.

SHARIA INVESTMENT MANAGEMENT UNIT (UPIS)

In accordance with the provisions for Investment Managers who manage Sharia investment products, they must have a Sharia Investment Management Unit (UPIS) which is in charge and responsible for managing portfolios or collective investment portfolios that do not conflict with Sharia Principles in the Capital Market, develop and market sharia investment management services or products.

CODE OF CONDUCT

Code of Ethics it describes the standards that we need to adhere to in carrying out the Company's values, as well as certain related laws, regulations, and policies.

The Company's Code of Conduct Guidelines follow MNC Group's Code of Conduct and apply to the entire Board of Commissioners, Directors, permanent employees, part-time or contract employees, including PT MNC Asset Management as a subsidiary of MNC Group in connection with all activities on behalf of the Company.

INTERNAL CONTROL

RISK MANAGEMENT FUNCTION

The function of Risk Management is to develop Risk Management strategies, monitor and periodically review the implementation of Risk Management strategies, monitor the overall and each type of risk; implement Risk Management effectively according to the complexity and capability of the Investment Manager.

COMPLIANCE FUNCTION

The Compliance Function:

Ensuring the Investment Manager to comply with laws and regulations.
Acting as a liaison officer with the Financial Services Authority.
Developing and updating the compliance strategy.
Disseminating and socializing policies, procedures and other information.

INTERNAL AUDIT FUNCTION

Ensuring the implementation of the functions of the Investment Manager in accordance with the company's written procedures and policies or standard operating procedures (SOP).

EXTERNAL AUDIT

There is an external auditor registered with the Financial Services Authority to conduct an audit of the Investment Manager's financial statements.
Public Accountant, Public Accounting Firm and Person in Public Accounting Firm in providing services to the Investment Manager must be independent during the Audit Period and Professional Assignment Period stated in the Statement Letter and submitted by Public Accounting Firm to the Investment Manager before the Professional Assignment Period begins.

BUSINESS PLAN

Investment Manager has a Business Plan that is prepared annually in a realistic, measurable, and sustainable manner. The Business Plan, including changes to the Business Plan is submitted to the Financial Services Authority in accordance with the regulation of the Financial Services Authority as well as the realization report of business plan which is presented comparatively with the business plan that had been submitted to the Financial Services Authority.

DISCLOSURE OF INFORMATION

The Fund Manager has a website that contains at least information including:

General information.
Information for customers.
Corporate governance information.

Good Corporate Governance