[Daily Fund Trends] Korean Bond Funds See Net Inflow of 307.7 Billion KRW in One Day

[Asia Economy Reporter Minji Lee] 307.7 billion KRW flowed into the domestic bond fund market in a single day.

According to the Korea Financial Investment Association on the 28th, as of the 24th, 307.7 billion KRW was inflowed into domestic bond funds excluding exchange-traded funds (ETFs). Both the setting amount and redemption amount of overseas bond funds were 4.9 billion KRW, so there was no net inflow or outflow of funds.

In domestic equity funds, 63.9 billion KRW was withdrawn, resulting in a total outflow of 107.7 billion KRW over two trading days. Overseas equity funds saw a net inflow of 4.1 billion KRW. Money market funds (MMFs), which serve as short-term fund stations, experienced a net outflow of 881 billion KRW in one day. The MMF setting amount was 156.1794 trillion KRW, and the total net assets amounted to 156.642 trillion KRW.

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