Money Market Commentary : Sept 2023

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Money Market Commentary : Sept 2023

Higher Rates 

 

Bank Indonesia started to issue and trade a new instrument SRBI (Sekuritas Rupiah Bank Indonesia). This is a tool to attract foreign fund flow and optimise government bonds owned by Bank Indonesia. The impact of this instrument is relatively positive for money market funds because deposit rates are crawling up in order to match up. Hence, the return of the money market fund can be enhanced along with higher bond yields. As the bank credit rates get higher, the newly issued bond yields supposedly inch higher as well. The condition of higher money market bond yields and bank deposit rates will likely to persist until the end of this year.

 

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

 

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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