YTD 19,22%, IDX YTD 3,73%, DF outperform benchmark 15,49%

1. P T Pa n i n S e k u r i t a s , T b k .
6 S e p te m be r 2 0 1 1
Net Asset Value:
D ISCR ETION ARY F U ND 1 0 ,3 1 5 B i o
PANS B AND U NG N A V / U ni t :
3 ,8 2 7 .5 0 0 3
3,827.5003
4,400.00
DF Stock As Of 31 Agustus 2011
3,900.00 Composition - Bandung
3,400.00
BKSL 42.90%
2,900.00
2,400.00 BNBR 3.72%
1,900.00
BNLI 30.44%
1,400.00
900.00 PNIN 6.03%
400.00
SDRA 11.39%
2/29/2008
4/29/2008
6/29/2008
8/29/2008
10/29/2008
12/29/2008
2/28/2009
4/29/2009
6/29/2009
8/29/2009
10/29/2009
12/29/2009
2/28/2010
4/29/2010
6/29/2010
8/29/2010
10/29/2010
12/29/2010
2/28/2011
4/29/2011
6/29/2011
VRNA 2.84%
Cash 2.69%
Discretionary PANS Bandung IHSG
Fund Manager DF PANS PROFILE
Dr. Adrian Teja DF PANS IDX Sharpe Ratio Sharpe Ratio DF PANS Correlation
Sunda No. 2A Bandung Return Return DF PANS IDX Beta DF PANS
Phone: 022-7321434 With IDX
Fax: 022-7321435 1 Month
9.99% -7.00% 1.02 -1.41 0.82 0.47
3 Month 27.94% 0.12% 2.04 -0.30 1.54 0.61
Profil DF PANS Bandung
6 Month
34.22% 10.70% 2.92 1.12 1.09 0.69
Strategy Trading
Since
Margin Max 30% Yes Inception
Feb 2008 282.75% 48.21%
Management Fee 3% p.a. Until Now
2011 YTD
19.22% 3.73% 1.56 0.06 0.93 0.72
Risk Very High
2010
40.81% 46.13% 2.83 3.79 0.98 0.89
Report Bi Weekly
2009
153.90% 86.98% 2.83 4.59 2.86 0.96
Redemption February
July
2008 -10.20% -47.71% -1.25 -2.74 0.38 0.52
Administration PT Panin
Sekuritas, The performance data shown represent past performance, which is not a guarantee of future results. Invest-
Tbk. ment returns and principal value will fluctuate, when sold, may be worth more or less than their original cost.
Bandung Current performance may be lower or higher than the performance data cited.