Monthly Investor Update May 2025
Simpan funds outperformed in June, driven by JCI’s 5.04% rally, foreign inflows, and a Bank Indonesia rate cut. See how we’re positioning for growth ahead.
Performance
📊 It was a strong month all around. Our Balanced Fund (BLF), Cash Fund (CF), and Cash Syariah Fund (CSF) each posted positive returns and outperformed their respective benchmarks. This was driven by a robust rally in the Jakarta Composite Index (JCI), supported by strong foreign inflows, improved domestic liquidity, and a rate cut from Bank Indonesia.
Read our full investor update here.
What You Need to Know
The JCI rose 5.04%, lifted by blue-chip and large-cap stocks as foreign investors became net buyers for the first time this year. The Rupiah also gained strength, appreciating to 16,286/USD.
In Fixed Income, bond yields moved slightly lower. The 10-year yield dipped to 6.84%, while the 5-year dropped around 19 bps. Foreign ownership of government bonds rose by IDR 21 trillion, reaching 15% of the market.
On the macro front, Indonesia’s GDP growth slowed to 4.87% YoY, while the Fed held rates steady amid global trade uncertainty. Meanwhile, Bank Indonesia cut its rate by 25 bps to 5.50%, aiming to support growth and currency stability. A 90-day U.S.–China trade truce also helped lift global market sentiment.
What This Means for Your Portfolio
Fixed Income
We maintain our duration target and aim to stay fully invested by focusing on short-to-medium-term bonds that offer attractive current yields and strong accrual potential. Looking ahead, we remain selective and guided by data before making any decisions to extend our duration exposure.
Equities
The fund’s strategy remains largely intact, benefiting from the JCI’s strong performance driven by foreign inflows. We continue to increase exposure to momentum-driven stocks with robust liquidity while maintaining high-quality blue-chip names that could attract foreign investors. This dual approach positions the fund for both resilience and upside potential.
Read the full report in English here.
Baca laporan lengkapnya di sini.