[Daily Fund Trends] Korean Bond Funds See Net Outflow of 148.6 Billion Won in One Day
[Asia Economy Reporter Minji Lee] A net outflow of 148.6 billion KRW was recorded in domestic bond funds.
According to the Korea Financial Investment Association on the 8th, as of the 4th of this month, excluding exchange-traded funds (ETFs), domestic bond funds experienced a net outflow of 148.6 billion KRW, with a total of 467 billion KRW withdrawn over two trading days. Overseas bond funds saw an outflow of 1.1 billion KRW.
Domestic equity funds recorded an outflow of 4.9 billion KRW, totaling 13.3 billion KRW over two trading days. Overseas equity funds experienced a net outflow of 15.8 billion KRW.
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Money market funds (MMFs), which attract short-term funds, saw a net inflow of 430.6 billion KRW in one day. The MMF subscription amount was recorded at 169.7317 trillion KRW, with total net assets amounting to 170.4698 trillion KRW.
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