Money Market Commentary : August 2024

  • icon-jam06 September 2024
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Money Market Commentary : August 2024

Adjustment 

 

The bond market rally persisted in August 2024, driven by the Fed chairman’s announcement that it was time to adjust the policy rate. We anticipate that Bank Indonesia may also adjust the domestic rate if the Rupiah continues to remain strong. In this environment, we prefer to hold more money market bonds rather than bank deposits to take advantage of yield movements, as deposit rates have not seen significant changes.

 

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


 

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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