[Daily Fund Trends] Korean Equity Funds See Net Inflows for Two Consecutive Days
[Asia Economy Reporter Minji Lee] Nearly 170 billion KRW flowed into the domestic bond fund market for two consecutive days.
According to the Korea Financial Investment Association on the 27th, 168.5 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs) as of the 25th. With net inflows continuing for two consecutive days in this market, a total of 337.4 billion KRW was invested. On the same day, overseas bond funds saw a net outflow of 78.3 billion KRW.
In the domestic equity fund market, 105.7 billion KRW was net inflowed. With net inflows continuing for two consecutive trading days in this market, a total of 127.8 billion KRW was invested. Conversely, overseas equity funds experienced a net outflow of 28.5 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, saw a net inflow of 396.5 billion KRW. The MMF subscription amount was recorded at 146.7188 trillion KRW, and the total net assets amounted to 147.6734 trillion KRW.
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