Eastspring IDX ESG Leaders Plus Kelas A

Portfolio performance in 2Q25 recorded gains of +2.58%, this performance was above the benchmark by +441 bps. By sectoral, consumer discretionary, communication services, and utilities sectors provide the largest positive total effect on the portfolio performance. Meanwhile, consumer staples and materials sectors contribute the largest negative total effect to the portfolio performance.

This semi-active managed portfolio follows the IDX ESG Leaders benchmark with allocations to issuers with superior ESG ratings. With high exposure to the financial and communication services sectors, this product offers the potential for more dynamic performance than conventional equity mutual funds. Bank Indonesia's signal of easing could be a catalyst for sectors sensitive to interest rate changes, particularly banking, which experienced pressure during the risk-off period in June. BI's dovish stance and accelerated government spending are a combination that could positively move the market in the short term.

Eastspring Investment Cash Reserve Kelas A

Portfolio performance in 2Q25 posted positive returns of +1.08%, above the benchmark by +32 bps. The largest positive contribution came from exposure to money market instruments, mostly corporate, which provided stable and relatively higher performance compared to deposit.

Eastspring Investments Alpha Navigator Kelas A

Portfolio performance in 2Q25 recorded an increase of +7.51%, above the benchmark performance by +156 bps. The biggest positive contribution to the portfolio performance are communication services and financials sectors. Meanwhile, the materials and consumer discretionary sectors contributed to the biggest negative total effect on portfolio performance.

Combines growth and healthy valuations investment elements through Growth-at-Reasonable-Price (GARP) approach. In anticipation of ongoing uncertainty surrounding tariff policy, allocations to large-cap stocks have been increased as a defensive measure. The portfolio is strategically positioned, with a higher portion in consumer staples, communication services, and utilities to grab opportunities from fiscal stimulus and potential recovery in domestic consumption.

Eastspring Investments IDR High Grade Kelas A

Portfolio performance in 2Q25 recorded a rise by +3.43%, posting performance of +24 bps above the benchmark. Allocation to bonds with a tenor of 3-5 years and 1-3 years were the largest positive contributor to portfolio performance. Meanwhile, the allocation to bonds with a tenor of <1 year and 15-20 years were the two largest negative contributors to the portfolio performance.

Expectations of a lower interest rates and foreign investor inflows support the portfolio’s moderate duration strategy, offering the potential for higher performance due to its higher sensitivity to interest rate declines. The portfolio is primarily allocated on short- to medium-term bonds, while the tactical allocation is focused on long-term bonds Supported by conducive macro monetary policy conditions and appropriate allocation, it provides strong performance by utilizing investments opportunities in government and corporate bonds – with ±17% of the portfolio allocated to corporate bonds.

Eastspring Investments Value Discovery Kelas A

Portfolio performance in 2Q25 recorded positive return of +5.28%, below the benchmark performance by -67 bps. The consumer discretionary, utilities, and communication services sectors were the main sectors that provided the largest positive total effect on the portfolio performance. The biggest negative contribution to portfolio performance was mainly caused by the materials, consumer staples, and energy sectors.

The portfolio blends growth and momentum elements, allowing it to respond effectively to the current market environment, where strong price movements in sectors benefitting from current geopolitical developments. Exposure to materials, utilities, health care, and communication services sectors are increased, reflecting positive price momentum. To navigate potential volatility, the portfolio allocation is focused on highly-liquid, large-cap stocks that offer greater flexibility to capture opportunities optimally.

Eastspring Investments Yield Discovery Kelas A

Portfolio performance in 2Q25 recorded an increase of +2.34%, posting a performance of -22 bps below the benchmark. Allocation to bonds with a tenor of <1 year and 1-3 years were the main negative contributors to portfolio performance. In contrast, the 3-5 years and 5-7 years bond tenor provided the biggest positive contributions to the portfolio performance.

This product is actively managed and implements a short duration strategy that offers better price stability amid market uncertainty. To optimize performance, ±25% of the portfolio is allocated to corporate bonds. The movement of the yield curve, forming a bull steepening trend in line with expectations of monetary policy easing, supports the portfolio’s performance.