[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 1.315 Trillion Won Over 7 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 1.315 trillion KRW was withdrawn over seven trading days.
According to the Korea Financial Investment Association on the 2nd, excluding exchange-traded funds (ETFs), 207.2 billion KRW was withdrawn from domestic bond funds in a single day as of the 29th of last month. A total of 1.315 trillion KRW was withdrawn over seven trading days. Overseas bond funds saw a net outflow of 5.1 billion KRW.
Hot Picks Today
Dramatic Agreement Reached on Eve of Samsung Electronics General Strike... Minister Kim Young-hoon: "Showcased Korea's Strength in Dialogue" (Update)
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Need to Discuss Excluding Controlling Shareholders' Voting Rights in Dual Listings"
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Domestic equity funds recorded a net inflow of 104.1 billion KRW in one day. Overseas equity funds received 100 million KRW, resulting in a net inflow of 46.6 billion KRW over six trading days. Money market funds (MMFs), a short-term capital stopover, saw a net inflow of 8.4516 trillion KRW in one day. The MMF subscription amount was 173.2379 trillion KRW, and the total net assets amounted to 173.7843 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.