[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 1.5868 Trillion KRW Over 5 Trading Days
[Asia Economy Reporter Park Jihwan] The domestic bond fund market experienced net outflows for five consecutive trading days. Nearly 1.6 trillion KRW was withdrawn during this period.
According to the Korea Financial Investment Association on the 25th, as of the 23rd, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 309.5 billion KRW.
With net outflows continuing for five consecutive days, a total of 1.5868 trillion KRW was withdrawn during this period. In the overseas bond fund market, 32.1 billion KRW flowed in on the same day. This marked a reversal to net inflows following a total net outflow of 30.2 billion KRW over the previous three trading days.
On the same day, the domestic equity fund market experienced a net outflow of 4.2 billion KRW. Overseas equity funds also saw a net outflow of 27.4 billion KRW. Notably, overseas equity funds have experienced capital outflows for eight consecutive trading days.
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As of the 23rd, money market funds (MMFs), which allow frequent deposits and withdrawals, recorded a net outflow of 1.5574 trillion KRW. The MMF subscription amount was 140.3574 trillion KRW, and the net asset value totaled 141.2925 trillion KRW.
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