Monthly Investor Update June 2025
Positive returns from our Simpan Bond and Simpan Cash funds in June. See our take on market shifts, portfolio strategy, and what’s ahead.
📊 Performances
In June, our Bond Fund, Cash Fund, and Cash Syariah Fund delivered positive returns and outperformed their benchmarks.
Equities generated negative returns amid the Fed’s gloomy outlook on the U.S. economy and geopolitical uncertainties, which drove foreign outflows. The JCI retreated by 3.46%
Meanwhile, domestic investors remained active in mid-cap momentum stocks. The Rupiah stayed stable between 16,200–16,300.
Government bonds rallied with lower yields across tenors, despite foreign outflows, benefiting our medium-to-long-duration positioning. We remain selective across asset classes, focusing on strong fundamentals, attractive valuations, and tactical opportunities.
🔭 What you need to know
Bank Indonesia and the Fed held their benchmark rates steady at 5.5% and 4.5%, respectively.
The Fed remains cautious, watching inflation and labor data amid new tariffs; two rate cuts are still possible this year.
BI’s pause after May’s rate cut aims to support growth while maintaining rupiah stability.
Markets were shaken in mid-June by brief Iran-Israel tensions, which spiked oil prices and boosted demand for safe-haven assets.
Going forward, we will closely monitor global trade shifts and U.S. economic data, as these will influence Fed and BI policy decisions and drive capital flows.
📊 What This Means for Your Portfolio
Fixed Income
Our preference remains with mid-tenor bonds due to their favorable risk-return profile, while we continue to take a selective and cautious approach toward longer-dated maturities.
Equities
We like balancing momentum-driven names with high-quality blue-chip stocks. We continue to take a more proactive approach finding stocks with relatively stable liquidity and consistent growth potential.
Thank you for your continued trust.
Read the full report in English here.
Baca laporan selengkapnya dalam Bahasa Indonesia di sini.