PT Indo Premier Investment Management (“IPIM”) is a subsidiary of PT Indo Premier Securities. IPIM was founded in 2003 and has been given the license as an Investment Management Company by the Capital Market Supervisory Agency (Bapepam). Since January 18, 2011, IPIM was spun-off and has renewed its Investment Management license. IPIM is fully supported by its parent company, PT Indo Premier Securities, a company that promotes excellence in applied technological innovation in the Indonesian capital market industry. This has allowed IPIM to innovate by creating a unique product with the use of technology as well as a strong back office system. IPIM as a pioneering Investment Management Company launched the first ETF in Indonesia, namely Premier ETF LQ-45 on 18 December 2007.