[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 73.7 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 73.7 billion KRW of funds withdrew in a single day.
According to the Korea Financial Investment Association on the 16th, excluding exchange-traded funds (ETFs), 73.7 billion KRW of funds exited the domestic bond fund market on the 14th. Although 2.9516 trillion KRW flowed in over the past four trading days, it turned into a net outflow in just one day. In the overseas bond fund market, 64.5 billion KRW of funds withdrew in a single day.
In the domestic equity fund market, 47.3 billion KRW was withdrawn, turning into a net outflow. In the overseas equity fund market, 22.8 billion KRW of funds exited.
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Money Market Funds (MMFs) saw an inflow of 702.3 billion KRW compared to the previous day. The MMF subscription amount was 160.6036 trillion KRW, and the total net assets amounted to 161.0253 trillion KRW.
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