[Daily Fund Trends] Korean Bond Funds See Net Outflow of 415 Billion Won Over 3 Trading Days

[Asia Economy Reporter Minji Lee] A total of 415 billion KRW flowed out of domestic bond funds over three trading days.

According to the Korea Financial Investment Association on the 29th, as of the 27th, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 88.7 billion KRW. Overseas bond funds recorded an inflow of 1.3 billion KRW.

Domestic equity funds saw an inflow of 23.6 billion KRW, totaling 78.6 billion KRW over seven trading days. Overseas equity funds had equal amounts of subscriptions and redemptions. Money market funds (MMFs), which attract short-term funds, experienced a net inflow of 1.3159 trillion KRW in one day. The MMF subscription amount was 156.6652 trillion KRW, and the total net assets amounted to 157.3352 trillion KRW.