[Daily Fund Trends] Korean Bond Funds See Net Outflow of 730 Billion KRW Over 6 Trading Days
[Asia Economy Reporter Minji Lee] A total of 730 billion KRW has been withdrawn from domestic bond funds over six trading days.
According to the Korea Financial Investment Association on the 3rd, as of the 1st of this month, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 20.5 billion KRW. Overseas bond funds received an inflow of 2.4 billion KRW.
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Domestic equity funds saw an inflow of 8.3 billion KRW, totaling 100.3 billion KRW over ten trading days. Overseas equity funds experienced a net outflow of 22.6 billion KRW. Money market funds (MMFs), which attract short-term funds, recorded a net inflow of 128.6 billion KRW in one day. The MMF balance stands at 162.8865 trillion KRW, with total net assets of 163.5812 trillion KRW.
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