PENGARUH FUND SIZE, FUND AGE, DAN SUKU BUNGA TERHADAP KINERJA REKSADANA PASAR UANG DI INDONESIA

Abstract

This study aims to determine the effect of fund size, fund age, and interest rates on the performance of money market mutual funds in Indonesia. The population in this study includes all money market mutual funds that are officially registered with the Financial Services Authority, totalling 175 money market mutual funds. The type of data used is secondary data in the form of money market mutual funds and Net Asset Value (NAV), fund size, fund age, and interest rates as instruments to prove the study's results. To test the hypothesis in this study is to use multiple linear regression analysis with the help of the SPSS program. The sampling technique that has been chosen is the purposive sampling method (21 companies registered with the Financial Services Authority (OJK) are active during the study period). The results showed that: 1) Fund size had a significant effect on the performance of money market mutual funds, 2) Fund age had no significant effect on the performance of money market mutual funds, 3) Interest rates had a significant effect on the performance of money market mutual funds

Keywords: Money Market Mutual Fund, Fund Size, Fund Age, Interest Rate