[Daily Fund Trends] Korean Bond Funds See Net Outflow of 128.2 Billion KRW After 3 Trading Days
[Asia Economy Reporter Minji Lee] A total of 128.2 billion KRW has been withdrawn from domestic bond funds.
According to the Korea Financial Investment Association on the 1st, as of the 29th of last month, excluding exchange-traded funds (ETFs), 128.2 billion KRW was withdrawn from domestic bond funds over three trading days. Overseas bond funds also saw a net outflow of 18.2 billion KRW.
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Domestic equity funds saw an inflow of 54.1 billion KRW, totaling 62.1 billion KRW over two trading days. Overseas equity funds recorded an inflow of 12.9 billion KRW. Money market funds (MMFs), which attract short-term funds, experienced a net outflow of 1.0363 trillion KRW in one day. The total MMF subscription amount stands at 149.7359 trillion KRW, with total net assets of 150.3237 trillion KRW.
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