[Daily Fund Trends] Korean Bond Funds Turn to Net Outflow... 110 Billion KRW Withdrawn
[Asia Economy Reporter Koo Eun-mo] The domestic bond fund market turned to net outflows, with 110 billion KRW withdrawn.
According to the Korea Financial Investment Association on the 16th, as of the 14th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 118.1 billion KRW. Overseas bond funds also turned to net outflows, with 2 billion KRW withdrawn.
![[Daily Fund Trends] Korean Bond Funds Turn to Net Outflow... 110 Billion KRW Withdrawn](http://www.asiae.co.kr/news/img_view.htm?img=2020011516054098293_1579071941.png)
On the same day, the domestic equity fund market experienced a net outflow of 32.6 billion KRW. Net outflows continued for seven consecutive days, totaling 150.7 billion KRW during this period. In contrast, the overseas equity fund market saw an inflow of 3.8 billion KRW.
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As of the 14th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 585.9 billion KRW. The MMF subscription amount was 125.6365 trillion KRW, and the net asset value totaled 126.5048 trillion KRW.
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