PT BNI Life Insurance, or BNI Life, recorded the highest performance in its money market unitlink products as of June 2024. The Liquid Money Market Link product posted a return of 2.80%.

Arry Herwindo, GM of Corporate Secretary, Legal, and Corporate Communications at BNI Life, stated that one of the factors contributing to the good performance of Blife Liquid Money Market Link was the still high interest rate era for deposits.

"In addition, there is minimal volatility for money market bonds. As a result, the company was able to achieve good returns," he told Kontan on Wednesday (10/7).

According to Arry, the money market is actually a conservative investment choice, so the returns are generally not very high. However, amidst volatility in the stock and bond markets, the money market will continue to be an option for customers who want their funds to remain safe, stable, and face minimal risk.

Infovesta data, year-to-date (YTD) as of June 2024, shows that money market unitlinks provided the highest average returns compared to other types, at 1.53%.

In addition to money market unitlinks, fixed-income unitlinks also recorded positive average returns of 0.13% as of June 2024. However, mixed unitlinks contracted by 1.24%, and equity unitlinks declined by 1.97%.