[Daily Fund Trends] Korean Bond Funds See Net Inflow of 50 Billion Won

[Asia Economy Reporter Eunmo Koo] The domestic bond fund market turned to net inflow after four trading days, with 50 billion KRW flowing in.

According to the Korea Financial Investment Association on the 22nd, as of the 18th, 50.8 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs). Overseas bond funds also saw a net inflow of 15.2 billion KRW.

On the same day, the domestic equity fund market experienced a net outflow of 25.9 billion KRW. Net outflows have continued for 31 consecutive trading days since the 6th of last month. On the other hand, the overseas bond fund market saw a net inflow of 9.5 billion KRW. Net inflows have continued for five consecutive trading days, totaling 66.6 billion KRW during this period.

As of the 18th, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 2.3482 trillion KRW. The MMF subscription amount was recorded at 149.8476 trillion KRW, and the total net assets amounted to 150.5296 trillion KRW.