[Daily Fund Trends] Korean Bond Funds See Net Inflow of 120 Billion Won
[Asia Economy Reporter Koo Eun-mo] The domestic bond fund market saw a net inflow of 120 billion KRW, reversing to net inflow after 7 trading days.
According to the Korea Financial Investment Association on the 3rd, as of the 1st, the domestic bond fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 123 billion KRW. On the other hand, the overseas bond fund market experienced a net outflow of 79.4 billion KRW.
![[Daily Fund Trends] Korean Bond Funds See Net Inflow of 120 Billion Won](http://www.asiae.co.kr/news/img_view.htm?img=2020070307532240212_1593730402.png)
On the same day, the domestic equity fund market reversed to net outflow just one day after turning to net inflow, with 31.4 billion KRW withdrawn. Overseas equity funds also saw a net outflow of 7.6 billion KRW.
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As of the 1st, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.2276 trillion KRW. The MMF subscription amount was 136.2201 trillion KRW, and the net asset total was 137.0442 trillion KRW.
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