[Daily Fund Trends] Korean Bond Funds See Net Outflow of 430 Billion Won Over 4 Trading Days
[Asia Economy Reporter Koo Eun-mo] The domestic bond fund market experienced net outflows for four consecutive trading days, with 430 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 16th, as of the 12th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 95.6 billion KRW. With net outflows continuing for four consecutive days, a total of 436.1 billion KRW was withdrawn during this period. The overseas equity fund market also experienced an outflow of 4.3 billion KRW.
On the same day, the domestic equity fund market recorded a net inflow of 27.7 billion KRW. Conversely, the overseas equity funds experienced net outflows, with 2.3 billion KRW withdrawn.
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As of the 12th, money market funds (MMFs), which are demand deposit-type products, saw a net inflow of 380.9 billion KRW. The MMF balance was recorded at 145.8535 trillion KRW, with total net assets amounting to 146.7948 trillion KRW.
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