[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 1.0752 Trillion Won in One Day
[Asia Economy Reporter Hwang Yoon-joo] More than 1 trillion won flowed out of domestic bond funds in a single day.
According to the Korea Financial Investment Association on the 31st, as of the 29th, 1.0752 trillion won was net withdrawn from domestic bond funds excluding exchange-traded funds (ETFs). Overseas bond funds also saw an outflow of 6.7 billion won.
Domestic equity funds experienced a net outflow of 16.4 billion won, totaling 20.9 billion won over two trading days. Overseas equity funds saw a net inflow of 17.8 billion won.
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Money market funds (MMFs), which attract short-term funds, recorded an outflow of 1.5033 trillion won in one day, with the principal amount set at 160.1 trillion won and total net assets at 160.8805 trillion won.
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