[Daily Fund Trends] Korean Bond Funds See Net Inflow of 120 Billion Won

[Asia Economy Reporter Koo Eun-mo] The domestic bond fund market saw a net inflow of 120 billion KRW, reversing to net inflow after 7 trading days.

According to the Korea Financial Investment Association on the 3rd, as of the 1st, the domestic bond fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 123 billion KRW. On the other hand, the overseas bond fund market experienced a net outflow of 79.4 billion KRW.

On the same day, the domestic equity fund market reversed to net outflow just one day after turning to net inflow, with 31.4 billion KRW withdrawn. Overseas equity funds also saw a net outflow of 7.6 billion KRW.

As of the 1st, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.2276 trillion KRW. The MMF subscription amount was 136.2201 trillion KRW, and the net asset total was 137.0442 trillion KRW.