[Daily Fund Trends] Domestic Bond Funds See Net Inflow for Second Day... Total 399.6 Billion Won
[Asia Economy Reporter Park Jihwan] A total of 400 billion KRW has flowed into the domestic bond fund market for two consecutive days.
According to the Korea Financial Investment Association on the 7th, as of the 5th, 204.8 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs). With net inflows continuing for two days, a total of 399.6 billion KRW was net inflowed. On the same day, overseas bond funds also saw a net inflow of 11.8 billion KRW.
On the same day, the domestic equity fund market experienced a net outflow of 161.1 billion KRW. The overseas equity fund market also saw 0.5 billion KRW withdrawn.
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As of the 5th, money market funds (MMFs), which are demand deposit-type products, recorded an inflow of 6.3892 trillion KRW. The MMF subscription amount was 132.0322 trillion KRW, and the total net assets were 132.4781 trillion KRW.
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