[Daily Fund Trends] Korean Bond Funds See Net Inflow of 2.1 Trillion Won Over 7 Trading Days
[Asia Economy Reporter Minji Lee] A total of 2.1076 trillion KRW flowed into the domestic bond fund market over seven trading days.
According to the Korea Financial Investment Association on the 20th, 180.3 billion KRW was net inflowed into the domestic bond fund market excluding exchange-traded funds (ETFs) on the 18th. This means a total of 2.1076 trillion KRW was net inflowed over seven trading days since the 8th. In the overseas bond fund market, 12.2 billion KRW was also net inflowed.
On the same day, 46.9 billion KRW flowed into the domestic equity fund market for the first time in 11 trading days. In the overseas equity fund market, 159.8 billion KRW was invested, resulting in a total net inflow of 299.9 billion KRW over two trading days.
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Money Market Funds (MMFs) increased by 731.5 billion KRW compared to the previous day. The MMF subscription amount was 149.8573 trillion KRW, and the total net assets amounted to 150.3268 trillion KRW.
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