The index selects companies using ratings from Pefindo, an Indonesian credit ratings body. Only companies that are regarded as creditworthy by Pefindo are eligible f0r index inclusion.
The index picks 30 Indonesian stocks are restricts the weight of any stock to a maximum of 20%. Going through the constituents in the index, the majority of them are banks, giving this ETF the appearance of an Indonesian financials ETF.
The fund charges a 1% annual fee.