• News & Article
• Closing September with Strong Gains in Hand!

Closing September with Strong Gains in Hand!

September is typically known as a tricky month for the stock market. Historically, the average performance of the IHSG over the past 20 years has been only +0.2% — essentially flat. However, this year is different: the IHSG closed September 2025 with an impressive gain of +3.4%, and has surged +14.4% since the start of the year (as of 29 September).

After many investors were "lulled to sleep" by global concerns, it seems now is the time to truly "wake up". As we noted in our article Wake Me Up When September Ends — now, the market is truly proving that September can be a turning point.

 

While Other Indices Falter, the IHSG Appreciates
The impressive IHSG gains become even more interesting because they are not matched by other major indices:
LQ45 -2.9%
IDX30 -0.5%

This means that market movement this time is not broad-based, but rather concentrated in specific stock groups: conglomerate shares, candidates for MSCI rebalancing, and issuers undergoing mergers and acquisitions.

But this is where the advantage of an active strategy begins to show: when major indices lag behind, investment managers who can navigate sectors and stocks with high conviction stand out.

Fund Highlights: Syailendra's Winning Duo
Syailendra Alpha Focus Equity Fund (SAFE)
+15.7% YTD
Focused on alpha stocks with the potential to generate returns exceeding the benchmark index. With AUM of Rp 158.6 billion (as of 29 September), SAFE is a concrete example of the power of active strategy in a selective market.

Syailendra Balanced Opportunity Fund (SBOF)
+18.2% YTD
As a balanced fund, SBOF has the flexibility to navigate market uncertainty by adjusting its allocation between equities, bonds, and money market instruments. Currently, its AUM reaches Rp 76 billion, reflecting investor confidence in a strategy that is both adaptive and disciplined.

A stock-picking approach and focus on short-term, highly-rated bonds make SBOF an attractive choice amid market dynamics.

What's Next? Between "Expensive" and "Expanding"
The IHSG has now broken through the 8,000 level, a new record that can be viewed from two angles:
As a threat: because technically, the market appears expensive after rising nearly 40% from the April low of 5,880.
As an opportunity: because the rally is not yet broad-based, and many sectors still lag behind waiting for their turn to rise.

Here lies the key: spotting opportunities with a wise mindset.
Rather than being caught in euphoria or fear, Syailendra chooses to remain prudent, seeking new opportunities with disciplined strategy and strong fundamental analysis.

Financial markets are like seasons… they always change, but the underlying patterns can be understood. September has proven that patience and active strategy still bear fruit amid complex dynamics.

Cheers to a brighter month ahead, and to staying awake when opportunity calls.