[Daily Fund Trends] Korean Bond Funds See Net Outflow of 523.2 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 523.2 billion KRW was net withdrawn in one day.
According to the Korea Financial Investment Association on the 2nd, as of the 30th of last month, 523.2 billion KRW was withdrawn from domestic bond funds excluding exchange-traded funds (ETFs). Overseas bond funds saw an outflow of 6 billion KRW.
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Domestic equity funds saw an inflow of 38.9 billion KRW, turning to net inflow after two trading days. Overseas equity funds received 26.4 billion KRW, resulting in a net inflow of 40.4 billion KRW over three trading days. Money market funds (MMFs), a short-term capital stopover, experienced a net outflow of 5.4403 trillion KRW in one day. The MMF subscription amount was 14.2824 trillion KRW, and the total net assets amounted to 142.5138 trillion KRW.
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