[Daily Fund Trends] Domestic Bond Funds Resume Net Inflows
[Asia Economy Reporter Hwang Junho] On the 30th of last month, 523.2 billion KRW was withdrawn from domestic bond funds, but funds have started flowing back in.
According to the Korea Financial Investment Association on the 3rd, domestic bond funds excluding exchange-traded funds (ETFs) saw a net inflow of 24.4 billion KRW on the 1st. Although 523.2 billion KRW was withdrawn the previous day, it switched to a net inflow in just one day. Overseas bond funds also saw an inflow of 3.7 billion KRW.
In the domestic equity fund market, 13.6 billion KRW was withdrawn. Overseas equity funds received an inflow of 1.2 billion KRW.
In the money market fund (MMF) market, a short-term fund station, 1.4366 trillion KRW flowed in during one day. The MMF subscription amount was 166.8069 trillion KRW, and the total net assets were 167.2975 trillion KRW.
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In the money market fund (MMF), where short-term funds gather, 348.3 billion KRW was withdrawn in one day. The MMF subscription amount was 141.7341 trillion KRW, and net assets were recorded at 142.1616 trillion KRW.
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