[Daily Fund Trends] Korean Bond Funds See Net Outflow of 650 Billion KRW Over 7 Trading Days
[Asia Economy Reporter Minji Lee] A total of 650 billion KRW has been withdrawn from domestic bond funds over seven trading days.
According to the Korea Financial Investment Association on the 30th, as of the 26th, 23.2 billion KRW was withdrawn from domestic bond funds excluding exchange-traded funds (ETFs), resulting in a net outflow of 648.4 billion KRW over seven trading days. Overseas bond funds saw inflows for the first time in five trading days, with a net inflow of 52.5 billion KRW.
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Domestic equity funds attracted 26.2 billion KRW in inflows. Overseas equity funds experienced a net outflow of 24.3 billion KRW. Money market funds (MMFs), which attract short-term funds, saw a net outflow of 8.8958 trillion KRW in one day. The total MMF subscription amount stands at 155.8268 trillion KRW, with total net assets of 156.3547 trillion KRW.
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