[Daily Fund Trends] Korean Bond Funds See Net Outflow of 300 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Minji Lee] A total of 298.6 billion KRW has been withdrawn from the domestic bond fund market over three trading days.
According to the Korea Financial Investment Association on the 22nd, as of the 18th, 79.8 billion KRW was withdrawn from domestic bond funds excluding exchange-traded funds (ETFs), resulting in a net outflow of 298.6 billion KRW over three trading days. Overseas bond funds saw a net outflow of 2.2 billion KRW.
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Domestic equity funds recorded a net inflow of 29.2 billion KRW over three trading days. Overseas equity funds experienced an outflow of 0.2 billion KRW. Money market funds (MMFs), which serve as short-term cash reservoirs, saw a net outflow of 5.8382 trillion KRW in one day. The MMF subscription amount was 158.7664 trillion KRW, and the total net assets amounted to 159.2481 trillion KRW.
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