[Daily Fund Trends] 106 Billion KRW Net Outflow in Korean Bond Funds in One Day
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 106 billion KRW was withdrawn in a single day.
According to the Korea Financial Investment Association on the 25th, as of the 21st, 106.3 billion KRW was withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs). On the same day, 7.9 billion KRW flowed into overseas bond funds. During this period, 14 billion KRW flowed into overseas bond funds.
In the domestic equity fund market, 37.5 billion KRW was net withdrawn. Conversely, 26.3 billion KRW was withdrawn from overseas equity funds. Over two days, overseas equity funds saw a net outflow of 32.6 billion KRW.
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Money market funds (MMFs), which allow frequent deposits and withdrawals, experienced a net outflow of 162.9 billion KRW. The MMF subscription amount was recorded at 148.3823 trillion KRW, and the net asset total was 149.3393 trillion KRW.
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