[Daily Fund Trends] Domestic Bond Funds See Net Inflow of 49.1 Billion KRW
[Asia Economy Reporter Hwang Yoon-joo] Money flowed into domestic bond funds after four consecutive trading days of outflows.
According to the Korea Financial Investment Association on the 3rd, as of the 29th, domestic bond funds excluding exchange-traded funds (ETFs) saw a net inflow of 49.1 billion KRW. Overseas bond funds experienced a net outflow of 6.8 billion KRW, with 11.4 billion KRW withdrawn over two trading days.
Domestic equity funds recorded a net outflow of 4.9 billion KRW, and overseas equity funds also saw a net outflow of 4 billion KRW.
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Money market funds (MMFs), which attract short-term funds, experienced an outflow of 6.0902 trillion KRW in one day, with the principal amount set at 163.3787 trillion KRW and total net assets at 164.2776 trillion KRW.
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