[Daily Fund Trends] Korean Bond Funds See Net Outflow of 590.8 Billion KRW Over 5 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 590.8 billion KRW was withdrawn over five trading days.
According to the Korea Financial Investment Association on the 24th, as of the 22nd, 38.4 billion KRW was withdrawn from domestic bond funds excluding Exchange Traded Funds (ETFs), resulting in a net outflow of 590.8 billion KRW over five trading days. Overseas bond funds saw a net outflow of 5.4 billion KRW on the same day.
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Domestic equity funds saw an inflow of 37.5 billion KRW, leading to a net inflow of 70.8 billion KRW over three trading days. Overseas equity funds experienced an outflow of 30.1 billion KRW, with 32.7 billion KRW withdrawn over two trading days. Money Market Funds (MMFs), a short-term fund stopover, had a net outflow of 1.8797 trillion KRW in one day. The MMF balance was 157.3574 trillion KRW, with total net assets of 157.8352 trillion KRW.
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