[Daily Fund Trends] Korean Bond Funds See Net Outflow of 280 Billion Won in One Day
[Asia Economy Reporter Minji Lee] A total of 280 billion KRW exited domestic bond funds over two trading days.
According to the Korea Financial Investment Association on the 18th, as of the 13th, domestic bond funds excluding exchange-traded funds (ETFs) saw an outflow of 208.8 billion KRW in a single day. Over two trading days, a total of 280 billion KRW was net withdrawn. Overseas bond funds saw an inflow of 1.4 billion KRW.
Domestic equity funds experienced an inflow of 45.7 billion KRW in one day, resulting in a net inflow of 113.5 billion KRW over two trading days. Overseas equity funds also attracted 11.7 billion KRW, totaling 45 billion KRW over two trading days.
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Money market funds (MMFs), which attract short-term funds, saw a net outflow of 379.6 billion KRW in one day. The MMF subscription amount stood at 174.4851 trillion KRW, with total net assets of 175.0786 trillion KRW.
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