Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 5 No. 2 (2024): Dinasti International Journal of Economics, Finance & Accounting (May - June 20

The Effect of Global Commodity Prices and JCI on Mutual Fund Investments in Indonesia 2013-2023

Mega Mustika Gustinanda (Unknown)



Article Info

Publish Date
18 May 2024

Abstract

Technological developments support the digitalization of investment instruments. Hence, investment in mutual funds is one of the instruments that has experienced a positive trend and can survive economic instability. The success of mutual fund investment in surviving economic instability results from investment managers' performance in diversifying portfolios during that period. This study aims to determine the impact of global commodity prices on mutual fund net asset value. The analysis models used in this research are the Bergandi regression analysis estimation model and the classical assumption test. This research uses time series data from the period of 2013 to 2023. The results obtained in the study show that global commodity prices have an impact on the net asset value of mutual funds. In contrast, the Composite Stock Price Index (CSPI) and gold prices have a significant positive impact, world oil prices have a negative effect, and nickel prices and palm oil prices do not influence mutual funds' net asset value (NAV).

Copyrights © 2024






Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...