[Daily Fund Trends] Korean Bond Funds See Net Outflow for Two Consecutive Days... 320 Billion Won Withdrawn
232 Billion KRW Net Inflow into Korean Equity Funds
Overseas Equity Fund Market Shifts to Net Outflow after 10 Trading Days
Bond Fund Market Capital Inflow and Outflow Trends (Source: Korea Financial Investment Association)
View original image[Asia Economy Reporter Minwoo Lee] Over 320 billion KRW flowed out of the domestic bond fund market over two days.
According to the Korea Financial Investment Association on the 28th, as of the 24th, 181.6 billion KRW was net withdrawn from the domestic bond fund market excluding Exchange-Traded Funds (ETFs). Following a net outflow of 145.7 billion KRW the previous day, a total of 327.3 billion KRW flowed out over two consecutive days. In the overseas bond fund market, 0.9 billion KRW was net inflowed. This marks the fourth net inflow this month, following 0.7 billion KRW on the 3rd, 9.4 billion KRW on the 14th, and 19.2 billion KRW on the 18th. Excluding these, funds have been net withdrawn throughout the month.
Trends in Inflows and Outflows of Equity Funds Market (Source=Korea Financial Investment Association)
View original imageOn the same day, 23.2 billion KRW was net inflowed into the domestic equity fund market. Over three consecutive days starting from the 22nd, a total of 61.8 billion KRW was net inflowed. Conversely, 13.6 billion KRW flowed out of the overseas equity fund market. The net inflow trend that had continued for 10 trading days since the 10th reversed. During that period, a total of 362.4 billion KRW was net inflowed.
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Meanwhile, as of the 24th, 2.7155 trillion KRW was net withdrawn from Money Market Funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 144.5791 trillion KRW, and the net asset total was 145.4412 trillion KRW.
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