[Daily Fund Trends] Korean Bond Funds See Net Outflow of 800 Billion KRW Over 6 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic bond fund market, net outflows have continued for six consecutive trading days, with 800 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 2nd, as of the 30th of last month, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 152.3 billion KRW. Net outflows have continued for six consecutive trading days, totaling 803.5 billion KRW during this period. Meanwhile, the overseas bond fund market experienced a net inflow of 68.9 billion KRW.
On the same day, the domestic equity fund market, which had experienced net outflows for 13 consecutive trading days, turned to net inflows with 20 billion KRW entering. Conversely, overseas equity funds saw a net outflow of 9.3 billion KRW.
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As of the 30th of last month, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 3.948 trillion KRW. The MMF subscription amount was 134.9924 trillion KRW, and the total net assets amounted to 135.8157 trillion KRW.
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