Money Market Commentary : April 2024

  • icon-jam13 May 2024
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Money Market Commentary : April 2024

Stability

 

In April 2024, Bank Indonesia raised the BI Rate by 25 basis points to 6.25%. The primary goal was to enhance IDR stability against global risks while maintaining inflation within the target range of 2.5%±1%. Despite the rate hike, bank deposit rates remained unchanged. However, attractive bond yields driven by rate hikes and appealing SRBI rates for various tenors made money market funds advantageous for investors seeking to safeguard gains.

 

Product Recommendation

 

MONEY MARKET FUND
MIPU MIPU invests in Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Money Market Portfolio.
MPUS MPUS Mutual Fund invests in Sharia-compliant Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Sharia Money Market Portfolio.

 


For More Information

 

Contact Mandiri Investasi – (021) 526 3505

Mandiri Investasi Whatsapp – 0816 86 0003

Mandiri Investasi Email – [email protected]

Mandiri Investasi Website – www.mandiri-investasi.co.id

Moinves Website – www.moinves.co.id

 


 

DISCLAIMER

The opinions expressed in the article are for general informational purposes only and are not intended to provide specific advice or recommendations for individuals or specific mutual fund or investment products. It is intended solely to provide education about the financial industry. Views reflected in the content may change at any time without notice. All performance data and investment returns mentioned in this article cannot be used as a basis for calculation to buy or sell a mutual fund. This data is performance records based on historical data and is not a guarantee of future mutual fund performance. Investment through mutual funds carries risks. Investors are required to read and understand the prospectus before deciding to invest through mutual funds.

Written by

Willy Gunawan

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