[Daily Fund Trends] Korean Bond Funds See Net Outflow of 295 Billion Won Over 2 Trading Days

Published 25 Oct.2021 06:48(KST)

[Asia Economy Reporter Minji Lee] A total of 295 billion KRW flowed out of domestic bond funds over two trading days.

According to the Korea Financial Investment Association on the 25th, as of the 21st, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 225.1 billion KRW. In total, 295 billion KRW flowed out over two trading days. Overseas bond funds recorded a net inflow of 42.2 billion KRW.

Domestic equity funds saw an inflow of 11.1 billion KRW, totaling 20.5 billion KRW over three trading days. Overseas equity funds had equal amounts of deposits and redemptions. Money market funds (MMFs), which attract short-term funds, experienced a net outflow of 225.7 billion KRW in one day. The MMF balance stands at 158.9153 trillion KRW, with total net assets of 159.5706 trillion KRW.