[Daily Fund Trends] Korean Bond Funds See Net Inflow of 500 Billion KRW Over 2 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic bond fund market, net inflows continued for two consecutive trading days, bringing in 530 billion KRW during this period.
According to the Korea Financial Investment Association on the 4th, as of the 31st of last month, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net inflow of 80.8 billion KRW. Net inflows continued for two consecutive trading days, totaling 530.1 billion KRW during this period. The overseas bond fund market also experienced a net inflow of 36.9 billion KRW.
On the same day, the domestic equity fund market turned to net outflows, with 45 billion KRW withdrawn. Overseas equity funds also saw a net outflow of 9.3 billion KRW.
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As of the 31st of last month, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 3.2367 trillion KRW. The MMF balance was recorded at 146.566 trillion KRW, and the net asset value totaled 147.4322 trillion KRW.
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