(MENAFN- QNA) The net asset value of investment funds in South Korea soared in August from a month earlier as corporate investors betted on short-term funds, while stock funds suffered outflows, data showed Thursday.
According to the Korea Financial Investment Association (KOFIA), the net asset value of stocks, bonds and real estate-related funds reached a combined $356 billion the end of August.
The net asset value refers to the amount of funds received from contractors and the revenue recorded during the cited period, according to South Korea's.
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