[Daily Fund Trends] Korean Bond Funds See Net Outflow of 590 Billion Won Over 2 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 590 billion KRW flowed out over two trading days.
According to the Korea Financial Investment Association on the 3rd, excluding exchange-traded funds (ETFs), 362.9 billion KRW was withdrawn from the domestic bond fund market on the 29th of last month. Over two trading days, 584.2 billion KRW flowed out of the bond fund market. In the overseas bond fund market, 4 billion KRW also exited.
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In the domestic equity fund market, 7.6 billion KRW was withdrawn. Over three trading days, 184.9 billion KRW flowed out. In the overseas equity fund market, 21.2 billion KRW flowed in, resulting in a net inflow of 102.7 billion KRW over six trading days. Money Market Funds (MMFs) saw an inflow of 605.8 billion KRW compared to the previous day. The MMF subscription amount was 166.7046 trillion KRW, and the total net assets amounted to 167.1856 trillion KRW.
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