The following are ETF and Index Mutual Funds that Still Outperform IHSG

Based on Infovesta Utama data as of June 10 2020, there are 12 products out of a total of 76 index mutual fund and ETF products whose performance outperforms the IHSG. The pressure on the Composite Stock Price Index (IHSG) and the main reference index in the domestic capital market drags down the performance of ETF mutual fund products (exchange-traded funds) and index in the current year period.

Meanwhile, only ETF mutual fund products and bond-based indexes were able to maintain performance amidst the declining performance of stock assets.

Based on Infovesta Utama data as of June 10 2020, there are 12 products out of a total of 76 index mutual fund and ETF products whose performance is outperform from IHSG.

The ABF IBI Fund ETF mutual fund product from PT Bahana TCW Investment Management recorded the most impressive performance of 10.56% overall year-to-date (ytd).

Furthermore, the Avrist ETF Fixed Rate Bond I mutual fund product managed by PT Avrist Asset Management is in second place with return of 0.77%.

As many as six products that scored better performance than the IHSG have not shown performance or have not changed by zero percent a.l. BNI-AM ETF MSCI ESG Leaders Indonesia, Insight ETF FTSE Indonesia Low Volatility Factor Index, and Premier ETF MSCI Indonesia Large Cap.

With the JCI still in the red zone with a weakening of -21.88% since the beginning of the year, the Premier ETF Indonesia Sovereign Bonds and Reliance IDX30 Index Fund products still recorded better performance of -1.15% and -1.44 respectively. %.

All ETF and index mutual fund products are listed return in the range -32.42%–1.95% ytd.

Funds managed by ETF and index mutual fund products as of September 30 2019 were recorded at IDR 18.95 trillion, originating from 76 products.

ETF mutual fund products are mutual funds whose investment units can be transacted on the secondary market. Meanwhile, index mutual funds are mutual funds whose performance follows (mirroring) reference index used. These two types of mutual funds are managed either actively or passively by investment management companies.

Here are a number of index mutual funds and ETFs outperform from IHSG as of June 10 2020:

Product name YTD Performance (%) 1 Year Performance (%) Investment Manager
ABF IBI Fund 1,95 10,20 PT Bahana TCW Investment Management
Avrist ETF Fixed Rate Bond I 0,77 0 PT Avrist Asset Management
BNI-AM ETF MSCI ESG Leaders Indonesia 0 0 PT BNI Asset Management
Insight ETF FTSE Indonesia Low Volatility Factor Index 0 0 PT Insight Investments Management
Premier ETF MSCI Indonesia Large Cap 0 0 PT Indo Premier Investment Management
SAM ETF Sri Kehati 0 0 PT Samuel Aset Manajemen
STAR ETF Sri Kehati 0 0 PT. Surya Timur Alam Raya (STAR)
Syailendra ETF MSCI Indonesia ESG Universal Index 0 0 PT Syailendra Capital
Premier ETF Indonesia Sovereign Bonds -1,15 1,44 PT Indo Premier Investment Management
Reliance IDX30 Index Fund -1,44 0 PT Reliance Manajer Investasi
ETF MNC36 Likuid -20,19 -24,50 PT MNC Asset Management
Bahana ETF Bisnis 27 -20,83 0 PT Bahana TCW Investment Management
Indeks Harga Saham Gabungan -21,88 -21,76

Sumber:  Infovesta Utama per 10 Juni 2020

Source: Bisnis.com