[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 588.5 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Hwang Yoon-joo] More than 500 billion KRW has been withdrawn from domestic bond funds over three trading days.
According to the Korea Financial Investment Association on the 23rd, as of the 21st, excluding exchange-traded funds (ETFs), 285.9 billion KRW was net withdrawn from domestic bond funds, totaling 588.5 billion KRW over three trading days. Overseas bond funds saw a net outflow of 24.4 billion KRW.
Domestic equity funds experienced a net outflow of 22.9 billion KRW, with 39.5 billion KRW withdrawn over three trading days. Overseas equity funds had a net outflow of 5.6 billion KRW, totaling 30.9 billion KRW over four trading days.
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Money market funds (MMFs), which attract short-term funds, saw an inflow of 637.6 billion KRW in one day, with the principal amount set at 156.9275 trillion KRW and total net assets recorded at 157.9851 trillion KRW.
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