[Daily Fund Trends] Korean Bond Funds See Net Outflow of 197.6 Billion Won in One Day
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, funds amounting to 197.6 billion KRW were withdrawn in a single day.
According to the Korea Financial Investment Association on the 10th, as of the 6th, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 197.6 billion KRW. Overseas bond funds also experienced an outflow of 200 million KRW.
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Domestic equity funds attracted 34.4 billion KRW, resulting in a net inflow of 37.9 billion KRW over two trading days. Overseas equity funds saw a net inflow of 8.5 billion KRW. Money market funds (MMFs), which attract short-term funds, recorded a net inflow of 1.1911 trillion KRW in one day. The total MMF subscription amount was 188.5665 trillion KRW, and the total net assets amounted to 189.1901 trillion KRW.
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