1 years ago
Raised Policy Rates
Bank Indonesia raised the benchmark rate by 25 bps to 6.00%. The change of policy rate in October 2023 was the first time since the last time happened in January 2023. The monetary move is to defend the exchange rate of the Rupiah that depreciated nearing Rp 16.000 per US Dollar. The deposit rate in some banks increased as the impact of the rate hike. On the other side, the yield curve is getting flattened which affects the money market bond yields to get higher. Those two drivers give benefits for money market funds that are likely to perform well.
Product Recommendation
| PRODUK | |
|---|---|
| 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
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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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