[Daily Fund Trends] Overseas Bond Funds See Net Outflow of 128.1 Billion KRW
[Asia Economy Reporter Hwang Yoon-joo] More than 120 billion KRW has been withdrawn from overseas bond funds.
According to the Korea Financial Investment Association on the 20th, as of the 16th, excluding exchange-traded funds (ETFs), 3.3 billion KRW was net withdrawn from overseas bond funds, resulting in a total outflow of 128.2 billion KRW over two trading days. Domestic bond funds saw a net inflow of 9.6 billion KRW, with a total inflow of 103.4 billion KRW over two trading days.
Domestic equity funds recorded a net inflow of 12.9 billion KRW. Overseas equity funds experienced a net outflow of 14.8 billion KRW.
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Money market funds (MMFs), which attract short-term capital, saw an inflow of 1.7914 trillion KRW in one day, with the principal amount set at 159.164 trillion KRW and total net assets amounting to 160.207 trillion KRW.
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