[Daily Fund Trends] Korean Bond Funds See Net Inflows After 19 Trading Days
[Asia Economy Reporter Kum Boryeong] The domestic bond fund market has shifted from a net outflow trend that lasted for 18 trading days to a net inflow trend.
According to the Korea Financial Investment Association on the 14th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net inflow of 48.3 billion KRW on the 10th. This temporarily halted the trend of over 8 trillion KRW outflow that had continued for 18 trading days from the 17th of last month to the 9th.
The overseas bond fund market also experienced a net inflow of 4.1 billion KRW.
On the same day, the domestic equity fund market recorded a net outflow of 23.5 billion KRW. In contrast, the overseas equity fund market saw a net inflow of 7.9 billion KRW.
Money Market Funds (MMFs) decreased by 2.7597 trillion KRW compared to the previous day. The MMF subscription amount was 133.7567 trillion KRW, and the total net assets amounted to 134.5175 trillion KRW.
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