[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 49.5 Billion KRW
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 49.5 billion KRW was net withdrawn. Overseas bond funds experienced net outflows for five consecutive trading days.
According to the Korea Financial Investment Association on the 4th, as of the 28th of last month, 49.5 billion KRW was withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs). Although there was a net inflow of 44.8 billion KRW the previous trading day, it switched to a net outflow in just one day.
On the same day, 5.2 billion KRW was withdrawn from the overseas bond fund market. With funds flowing out for five consecutive trading days, a total of 11.6 billion KRW was net withdrawn during this period.
On the same day, 10.1 billion KRW was withdrawn from the domestic equity fund market. In contrast, 1.1 billion KRW flowed into overseas equity funds, marking a net inflow trend after four trading days.
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As of the 28th, 723.8 billion KRW was net withdrawn from money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 137.558 trillion KRW, and the net asset total was 138.4231 trillion KRW.
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