[Daily Fund Trends] Korean Bond Funds See Net Outflow of 90 Billion KRW Over 2 Trading Days
[Asia Economy Reporter Eunmo Koo] The domestic bond fund market experienced net outflows for two consecutive trading days, with 90 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 12th, as of the 10th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 82.6 billion KRW. With net outflows continuing for two consecutive days, a total of 88.6 billion KRW was withdrawn during this period. On the other hand, the overseas bond fund market recorded a net inflow of 2.9 billion KRW.
On the same day, the domestic equity fund market experienced a net outflow of 48.8 billion KRW, ending a four-day streak of net inflows. Conversely, the overseas equity funds saw net inflows amounting to 25.7 billion KRW.
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As of the 10th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.6587 trillion KRW. The MMF subscription amount was 143.8206 trillion KRW, and the net asset total was 144.7615 trillion KRW.
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