[Daily Fund Trends] Domestic Bond Funds See Net Inflow for Second Day... 330 Billion KRW Net Inflow

Published 06 Jul.2020 07:48(KST)

[Asia Economy Reporter Park Jihwan] The domestic bond fund market continued its net inflow trend for two consecutive trading days.

According to the Korea Financial Investment Association on the 6th, as of the 2nd, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net inflow of 203.9 billion KRW. A total of 326.9 billion KRW flowed in over two trading days. On the other hand, the overseas bond fund market experienced a net outflow of 2 billion KRW on the same day. With net outflows for two consecutive trading days, a total of 81.4 billion KRW was withdrawn during this period.

On the same day, the domestic equity fund market continued net outflows for two consecutive trading days, with 64.1 billion KRW withdrawn. Overseas equity funds also saw a net outflow of 36.1 billion KRW.

As of the 2nd, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 5.1233 trillion KRW. The MMF subscription amount was 141.3434 trillion KRW, and the net asset total was 142.1987 trillion KRW.