This document provides a summary of the HPAM SMART BETA EKUITAS fund for June 2018. The fund launched in December 2017 and had assets under management of Rp449 billion with an investment in 19-27 stocks and a beta of 1.04 as of June 2018. For the month, the Jakarta Composite Index fell 3.1% and is down 8.8% year-to-date, while the fund achieved a return of 9.28% year-to-date. The fund aims for long-term capital growth through a systematic, multi-factor investment approach in liquid Indonesian stocks.