[Daily Fund Trends] Korean Bond Funds Turn to Net Inflow in Just One Day

[Asia Economy Reporter Eunmo Koo] The domestic bond fund market turned to net inflows in just one day, with 450 billion KRW flowing in.

According to the Korea Financial Investment Association on the 3rd, as of the 30th of last month, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net inflow of 449.3 billion KRW. On the other hand, the overseas bond fund market experienced a net outflow of 2.1 billion KRW.

On the same day, the domestic equity fund market also turned to net inflows, with 1.7 billion KRW flowing in. Overseas equity funds saw a net inflow of 1.9 billion KRW.

As of the 30th of last month, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 1.5785 trillion KRW. The MMF balance was recorded at 149.8028 trillion KRW, and the total net assets amounted to 150.6871 trillion KRW.

This content was produced with the assistance of AI translation services.