[Daily Fund Trends] Korean Bond Funds See Net Inflow of 462.9 Billion Won in One Day
[Asia Economy Reporter Minji Lee] Domestic bond funds saw an inflow of 462.9 billion KRW in a single day.
According to the Korea Financial Investment Association on the 16th, as of the 12th of this month, domestic bond funds excluding exchange-traded funds (ETFs) recorded a net inflow of 462.9 billion KRW in one day. Overseas bond funds experienced an outflow of 4.4 billion KRW, totaling 95.6 billion KRW over five trading days.
Domestic equity funds received 29.1 billion KRW. Overseas equity funds saw a net outflow of 22.8 billion KRW, with a total outflow of 196.3 billion KRW over seven trading days.
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Money market funds (MMFs), which attract short-term funds, recorded a net inflow of 965.5 billion KRW in one day. The MMF subscription amount was 159.9492 trillion KRW, and the total net assets amounted to 160.6295 trillion KRW.
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