[Daily Fund Trends] Korean Bond Funds See Net Outflow of 99.3 Billion Won in One Day
[Asia Economy Reporter Minji Lee] Domestic bond funds experienced a net outflow as 99.3 billion KRW was withdrawn in a single day.
According to the Korea Financial Investment Association on the 17th, excluding exchange-traded funds (ETFs), domestic bond funds saw a net outflow of 99.3 billion KRW in one day as of the 15th of this month. Overseas bond funds saw 2.1 billion KRW withdrawn, totaling 97.7 billion KRW over six trading days.
Domestic equity funds experienced an outflow of 20.5 billion KRW over six trading days. Overseas equity funds had a net outflow of 11.7 billion KRW, totaling 208 billion KRW over eight trading days.
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Money Market Funds (MMFs), which attract short-term funds, saw a net outflow of 273.3 billion KRW in one day. The total MMF subscription amount was 159.6718 trillion KRW, and the total net assets amounted to 160.3123 trillion KRW.
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