KAJIAN YURIDIS TERHADAP REKSA DANA ONLINE SEBAGAI SALAH SATU INVESTASI PASAR MODAL (Suatu Studi Di Kota Kendari)

Andika Renar Laporota; Muhammad Fitriadi; Parulian Napitupulu

Andika Renar Laporota Program Studi Kekhususan Hukum Perdata Fakultas Hukum, Universitas Sulawesi Tenggara
Muhammad Fitriadi Program Studi Ilmu Hukum Fakultas Hukum Universitas Sulawesi Tenggara
Parulian Napitupulu Program Studi Ilmu Hukum Fakultas Hukum Universitas Sulawesi Tenggara

Keywords: Drug abuse, Influence or causal relationship, Kendari City, Police Department (Kendari Police), Theft crime

Abstract

This study aims to: (1) examine the juridical aspects of online mutual funds under Law No. 8 of 1995 on Capital Markets; and (2) analyze the risks associated with mutual fund investments. The research location was selected at the Indonesia Stock Exchange (IDX) Representative Office in Southeast Sulawesi. Library and field data were analyzed using a qualitative descriptive approach to elucidate the nature of mutual funds, investment mechanisms, legal framework, and attendant risks. The primary objectives encompass a comprehensive juridical review of online mutual funds pursuant to the aforementioned legislation, alongside identification of investment risks. This aligns with standard academic inquiry in Indonesian capital market studies. A qualitative descriptive method facilitated detailed depiction of mutual fund concepts, operational mechanisms, legal oversight by the Financial Services Authority (OJK), and risk profiles. Mutual funds emerged in Indonesia in 1995, governed by Law No. 8 of 1995 on Capital Markets, positioning them as accessible investments managed by Investment Managers (IM) and registered/supervised by OJK. Investment risks in online mutual funds vary by fund type and correlate with expected returns; higher-return mixed funds entail greater loss potential, while low-risk options yield modest gains.