[Daily Fund Trends] Korean Bond Funds See Net Outflow of 362 Billion Won Over 2 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic bond fund market, 362 billion KRW flowed out over two trading days.
According to the Korea Financial Investment Association on the 11th, excluding exchange-traded funds (ETFs), 164.3 billion KRW was withdrawn from domestic bond funds as of the 9th, resulting in a total outflow of 361.9 billion KRW over two trading days. Overseas bond funds saw a net inflow of 0.8 billion KRW.
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Domestic equity funds attracted 24.9 billion KRW, leading to a total net inflow of 62.8 billion KRW over three trading days. Overseas equity funds recorded a net inflow of 2.6 billion KRW. Money market funds (MMFs), which attract short-term funds, experienced a net outflow of 868.7 billion KRW in one day. The MMF subscription amount stood at 187.6978 trillion KRW, with total net assets of 188.3198 trillion KRW.
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