13 March 2024
Advantage
In January 2024, Bank Indonesia opted to maintain the BI Rate at 6.00%. The Rupiah’s exchange rate encountered difficulties due to the potential extended duration of the Federal Reserve holding its benchmark rate. It is improbable that BI will decrease the benchmark rate before the anticipated Federal Funds Rate (FFR) cut in the second half of 2024. Despite the money market bond yield remaining stable, it has the potential to yield higher returns once the BI rate is reduced. Conversely, bank deposit rates experienced a decrease in January 2024 compared to the constrained liquidity observed in December 2023. Consequently, holding a larger portion of money market bonds is likely to yield more advantages than holding bank deposits.
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.
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