[Daily Fund Trends] 423.8 Billion KRW Net Outflow Over 2 Trading Days in Domestic Bond Funds

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[Asia Economy Reporter Hwang Yoon-joo] A total of 423.8 billion KRW flowed out of domestic bond funds over two trading days.

According to the Korea Financial Investment Association on the 15th, as of the 13th, excluding exchange-traded funds (ETFs), 291.5 billion KRW was net withdrawn from domestic bond funds, resulting in a total outflow of 423.8 billion KRW over two trading days. Overseas bond funds closed flat compared to the previous trading day.

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Domestic equity funds saw a net outflow of 11.2 billion KRW, totaling 25.3 billion KRW over two trading days. Overseas equity funds experienced a net inflow of 7.6 billion KRW, bringing in 15 billion KRW over three trading days.

Money Market Funds (MMFs), which attract short-term funds, saw an inflow of 1.075 trillion KRW in one day, with the principal amount set at 167.5439 trillion KRW and the net asset value totaling 168.3725 trillion KRW.

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