Comparison of Mutual Funds (PMMF Illustrated)
On June 1, 2013 an investor have amount of funds Rp. 100.000.000. That investor have Risk Conservative Profile (Low Risk). Which of the following investment instruments that match the risk profile of the customer and provide optimal return within a year?
- Saving
- Deposit
- Mutual Funds PMMF
Let us count each return potential results of each of these investment tools:
| Investment | Savings | Deposit | Phillip Money Market Fund |
| Return | 1% Gross / p.a or 0.8% Nett (net of tax) | 6% Gross / p.a or 4.8% Nett (net of tax 20%) | 5.97% Nett / p.a (April 2014) |
| Administration charges / month | Rp. 10.000 Rp. 120.000/p.a |
0 | 0 |
| Ending Balanced | Rp. 100.000 | 0 | 0 |
| Year end balance (after 1 year) | (Rp. 100 jt x 0.8%) – Rp. 120.000 – Rp.100.000 = Rp. 580.000 Nett | Rp.100jt x 4.8% = Rp. 4.800.000 (if withdrawal at the maturity) | Rp.100jt X 5.97% = Rp. 5.700.000 Nett (can be withdraw any time) |
