[Daily Fund Trends] Korean Bond Funds See Net Outflow of 709.4 Billion KRW Over 5 Trading Days
[Asia Economy Reporter Minji Lee] A total of 709.4 billion KRW has been withdrawn from domestic bond funds over five trading days.
According to the Korea Financial Investment Association on the 2nd, as of the 29th of last month, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 81.7 billion KRW. Overseas bond funds experienced an outflow of 4.1 billion KRW.
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32 billion KRW flowed into domestic equity funds, bringing a total of 92 billion KRW into these funds over nine trading days. Overseas equity funds saw a net inflow of 4.4 billion KRW. In money market funds (MMFs), which attract short-term funds, a net outflow of 3.6661 trillion KRW occurred in one day. The MMF subscription amount stands at 162.7578 trillion KRW, with total net assets of 163.448 trillion KRW.
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