[Daily Fund Trends] Domestic Bond Funds See Net Inflow of 27.1 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] 27.1 billion KRW flowed into the domestic bond fund market in a single day.
According to the Korea Financial Investment Association on the 3rd, as of the 30th of last month, 27.1 billion KRW flowed into domestic bond funds excluding exchange-traded funds (ETFs) in just one day. Although 1.315 trillion KRW had been withdrawn over the past seven trading days, it turned into a net inflow in a single day. Overseas bond funds saw a net outflow of 3.5 billion KRW.
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Domestic equity funds experienced a net outflow of 54.8 billion KRW in one day. Overseas equity funds saw an inflow of 20.8 billion KRW after seven trading days. Money market funds (MMFs), which serve as short-term cash parking, recorded a net outflow of 4.0523 trillion KRW in one day. The MMF subscription amount was 169.1856 trillion KRW, and the total net assets amounted to 169.7274 trillion KRW.
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