[Daily Fund Trends] Domestic Bond Funds See Net Outflow of 52.4 Billion KRW
[Asia Economy Reporter Hwang Yoon-joo] More than 50 billion KRW flowed out of domestic bond funds in a single day.
According to the Korea Financial Investment Association on the 17th, as of the 12th, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 52.4 billion KRW. Overseas bond funds also experienced a net outflow of 2 billion KRW.
Domestic equity funds recorded a net inflow of 700 million KRW, bringing in 31.4 billion KRW over two trading days. Overseas equity funds also saw a net inflow of 39.2 billion KRW.
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Money market funds (MMFs), which attract short-term funds, received 264.6 billion KRW in one day, with the principal amount set at 153.9648 trillion KRW and total net assets totaling 155.3171 trillion KRW.
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