[Daily Fund Trends] Domestic Bond Funds See Net Inflow of 820 Billion KRW for 7 Consecutive Trading Days
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 820 billion KRW has flowed in for seven consecutive trading days.
According to the Korea Financial Investment Association on the 21st, 124.7 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs) on the 19th. The net inflow trend continued for seven consecutive trading days since the 10th, increasing by a total of 819.9 billion KRW. On the same day, 1.7 billion KRW flowed out of the overseas bond fund market.
In contrast, 74.7 billion KRW and 19.5 billion KRW flowed out of the domestic equity fund market and overseas equity fund market, respectively. In the domestic equity fund market, 834.2 billion KRW has been withdrawn for ten consecutive trading days, and 69.2 billion KRW flowed out of the overseas equity fund market.
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Money Market Funds (MMFs) saw an outflow of 1.1722 trillion KRW compared to the previous day. The MMF subscription amount recorded 148.4363 trillion KRW, and the total net assets amounted to 149.3074 trillion KRW.
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