Infovesta released a list of mutual fund products that recorded the highest investment returnsreturnuntil September 1 2023 (year to date/ytd).year to dateEquity mutual fund products still seem to dominate.

Based on Infovesta data, quoted on Monday (4/9/2023), Recapital Equity was listed as a stock mutual fund product with return the highest return reaching 19.84%. Followed by Cipta OVO Equity at 17.4%, Majoris Shares Allocation Dinamik Indonesia 13.81%, Create Sharia Superior Shares 13.2%, and Trim Kapital Plus 13.08%.

As for the mixed mutual funds group, the Shinhan Balance Fund recorded return the highest return of 11.11%. Then, Trimegah Balanced Absolute Strategy Class A was 10.79%, Combination Trim 2 was 9.9%, Sucorinvest Citra Dana Berimbang was 9.13%, and Balanced Sharia Trim was 9.12%.

Meanwhile, in fixed income mutual funds, Foster Fixed Income is the champion with return reaching 10.11%. Furthermore, Bahana Prime Income Fund 9.52%, Manulife Dana Fixed Utama 8.59%, Panin Gebyar Indonesia II 7.41%, and Trimegah Obligasi Nusantara 7.38%.

Meanwhile, in money market mutual funds, STAR Money Market II led the return of 4.14%. After that, Insight Money 3.42%, Capital Money Market Fund 3.4%, STAR Sharia Money Market 3.39%, and Insight Money Syariah 3.31%.

According to Infovesta, mutual fund performance in the last week recorded positive performance. Mixed mutual funds scored the highest performance of +0.51%. Then, fixed income mutual funds grew +0.49%, as well as stock and money market mutual funds grew +0.48% and +0.06% respectively.

"Domestic sentiment, inflation remains under control at 3.27% (yoy), M2 data releases are increasing, and the S&P Global Manufacturing index continues to rise at an expansion level," said Infovesta.

Meanwhile, globally, US GDP estimate data for Q2-2023 increased and the release of PCE Price Index data increased. On the other hand, China's Manufacturing PMI returned to expansion levels.

Source : investor.id