[Daily Fund Trends] Domestic Bond Funds See 1 Trillion Won Outflow in a Single Day
[Asia Economy Reporter Park Jihwan] More than 1 trillion won was withdrawn from the domestic bond fund market in a single day. This marks the seventh consecutive trading day of net outflows. During this period, a total of 3.3 trillion won was withdrawn.
According to the Korea Financial Investment Association on the 27th, as of the 25th, 1.0465 trillion won was withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs). With net outflows continuing for seven consecutive days, 3.3042 trillion won was withdrawn during this period. Additionally, 28.7 billion won was withdrawn from the overseas bond fund market on the same day.
On the other hand, 18.6 billion won flowed into the domestic equity fund market. The overseas equity fund market experienced a net outflow of 14.2 billion won. Notably, the overseas equity fund has seen outflows for ten consecutive trading days.
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As of the 25th, 1.9625 trillion won was withdrawn from money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 134.9147 trillion won, and the net asset value totaled 135.7853 trillion won.
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