[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 185 Billion Won in Two Days
[Asia Economy Reporter Geum Boryeong] In the domestic bond fund market, 185 billion KRW was withdrawn over two trading days.
According to the Korea Financial Investment Association on the 18th, 65.7 billion KRW was net withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs) on the 16th. This means a total of 185 billion KRW disappeared over two days starting from the 15th.
On the 18th, 2.3 billion KRW was net withdrawn from the overseas bond fund market.
On the same day, 19.1 billion KRW was net withdrawn from the domestic equity fund market. Meanwhile, 12 billion KRW was net inflowed into the overseas equity fund market. The domestic equity fund market has experienced net outflows for 29 trading days since the 6th of last month.
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Money Market Funds (MMFs) increased by 643.2 billion KRW compared to the previous day. The MMF subscription amount was 152.3668 trillion KRW, and the total net assets amounted to 153.0885 trillion KRW.
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