[Daily Fund Trends] Korean Bond Funds Return to Net Outflow... 19.1 Billion Withdrawn
Net Inflow Reverses in One Day... Three Consecutive Days of Net Outflow in Equity Funds Market
Bond Fund Market Capital Inflow and Outflow Trends (Source=Korea Financial Investment Association)
View original image[Asia Economy Reporter Minwoo Lee] 19.1 billion KRW flowed out of the domestic bond fund market. This reversed the trend just one day after approximately 260 billion KRW flowed in.
According to the Korea Financial Investment Association on the 28th, as of the 26th, 19.1 billion KRW was net withdrawn from the domestic bond fund market excluding Exchange Traded Funds (ETFs). This contrasts with the 260.4 billion KRW net inflow recorded the previous day. Since the beginning of this month, a total of 2.3327 trillion KRW has flowed in. In the overseas equity fund market, 3.7 billion KRW was net inflowed. Since the 21st, net inflows and outflows have alternated.
Trends in Inflows and Outflows of Equity Funds Market (Source: Korea Financial Investment Association)
View original imageOn the same day, 35.1 billion KRW was net withdrawn from the domestic equity fund market. This marked the third consecutive day of capital outflow. Except for the 4th and 21st of this month, net outflows have been observed throughout. The total net outflow so far this month is calculated at 1.0726 trillion KRW. Meanwhile, in the overseas equity fund market, 1.4 billion KRW was net inflowed on that day. With two consecutive days of net inflows, a total of 19.5 billion KRW has entered.
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Meanwhile, as of the 26th, 1.1832 trillion KRW was net inflowed into Money Market Funds (MMFs), which allow frequent deposits and withdrawals. The MMF subscription amount was recorded at 123.5098 trillion KRW, and the total net assets amounted to 124.297 trillion KRW.
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