[Daily Fund Trends] Domestic Bond Funds See Net Inflow of 728.4 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Minji Lee] The domestic bond fund market has seen net inflows for three consecutive days. During this period, 728.4 billion KRW flowed in.
According to the Korea Financial Investment Association on the 24th, as of the 20th, the domestic bond fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 84.1 billion KRW. This marks the third consecutive trading day of net inflows since the largest daily inflow of the year on the 18th. On the same day, the overseas bond fund market also saw an inflow of 6.7 billion KRW.
The domestic equity fund market experienced a net inflow of 11 billion KRW. However, overseas equity funds, which had shown net inflows for nine consecutive trading days, saw an outflow of 6.3 billion KRW.
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As of the 20th, money market funds (MMFs), which allow frequent deposits and withdrawals, recorded a net outflow of 489.6 billion KRW. The MMF balance was 148.5452 trillion KRW, and the net asset value totaled 149.5722 trillion KRW.
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