OSK's PT Nusadana Asset Management in Indonesia is to launch a second Capital Protected Fund after the success of a first tranche in February.
The first product had a maximum term of 13 months and provided full capital protection as well as participation in local equity markets. It targeted RPY100bn ($11m).
The new product, due to be offered from this week, is expected to raise a similar amount and is denominated in US dollars.
As well as distribution via OSK group's channels, Maybank's Bank Internasional Indonesia is expected to sell the new product.