Investors It Is Recommended That The Sameday Redeem Money Market Mutual Fund Option

JAKARTA - PT Mirae Asset Sekuritas Indonesia advises investors, who are still hesitant, to park their unemployed funds on money market mutual funds instruments that have facilities for disbursement early (sameday redemption).

Mirae Asset's Head of Wealth Management, M Arief Maulana, said the option was especially when investors waited for more stable capital market conditions or wait and see.

"When market participants tend to wait and see, idle funds can be used by investing in short-term instruments such as mutual money market funds. What's more, products with high liquidity because they have sameday redemption facilities," said Arief quoting Antara.

He said the product allows investors to immediately disburse funds when the execution of the share purchase has been carried out because the momentum is deemed appropriate and without worrying about failing to complete the share transaction.

Money market mutual funds are mutual funds invested in debt instruments that are due less than a year and the effects of other money markets such as deposits and savings, so that they can be disbursed faster than mutual funds of other types.

Mutual money market funds have provisions for disbursement of funds (redemption) for a maximum of 7 days. Generally, mutual redemption of H+1 money market funds.

Arief said that one of the mutual funds for the cash market for the sameday redeem that investors can access is Capital Optimal Cash, a product that Mirae Asset has just marketed in collaboration with PT Capital Asset Management.

Capital money market mutual fund Optimal Cash is one of Mirae Asset's latest innovations in presenting investment solutions that are relevant to market conditions.

The presence of Optimal Capital Cash also strengthens the digital services of the NAVI mutual fund platform which continues to be developed with a user-friendly approach, partnerships with trusted investment managers, and the provision of practical market information for retail investors.

Meanwhile, NAVI is the superior mutual fund platform for Mirae Asset Sekuritas which administers and markets hundreds of mutual funds managed by dozens of well-known investment managers in Indonesia.

On the same occasion, Mirae Wisnu Karto's Head of Investment Capital Asset Management said that apart from high liquidity, another Capital Optimal Cash advantage is the ease of access to investment through NAVI, professional management, and optimal returns.

"Over the past year, the yield or Optimal Capital Cash returns reached 4.36 percent, above benchmark banking deposits 3.25 percent," he said.

Currently, the Indonesian capital market is experiencing significant pressure during the first quarter of 2025.

The Composite Stock Price Index (JCI) closed at the level of 6,510 on March 27, 2025, just before the Eid holiday, weakened 8 percent compared to the end of 2024.

Head of Research & Chief Economist Mirae Asset Rully Arya Wisnubroto noted that during the first quarter, foreign funds came out (foreign outflow) reaching IDR 30.3 trillion (1.8 billion US dollars) from the stock market.

This pressure continued in April, where foreign outflows increased significantly to IDR 15.5 trillion (USD 927 million) in the stock market and bond market.

"This condition reflects market concerns about global and domestic economic challenges," he said.

The Bank Indonesia Rupiah Certificate Instrument (SRBI) is also experiencing selling pressure from foreign investors.

Based on BI data for the period 8-10 April 2025, there was an outflow of Rp. 10.5 trillion in just three days of trading of the central bank's instruments.

"The growth prospects for Asian developing countries are estimated to stagnate until 2026, mainly due to the economic slowdown in China and the US which has been exacerbated by the increasing tension of the trade war. Meanwhile, at home, investors still doubt the achievement of an economic growth target of 8 percent," Rully explained.

In the event, Mirae Asset Francisca Gerungan Head of Fund Services was also present.