[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 204.6 Billion KRW Over 9 Trading Days
[Asia Economy Reporter Park Jihwan] The domestic equity fund market has experienced net outflows for nine consecutive trading days, with more than 200 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 20th, as of the 16th, the domestic equity fund market excluding exchange-traded funds (ETFs) saw a net outflow of 14.6 billion KRW.
With net outflows continuing for nine consecutive days, a total of 204.6 billion KRW was withdrawn during this period. On the same day, the overseas equity fund market also saw an outflow of 18.1 billion KRW.
The domestic bond fund market recorded an inflow of 211.8 billion KRW. Following the previous day's 37.1 billion KRW, this marks two consecutive days of net inflows. The overseas bond fund also saw an inflow of 37.7 billion KRW on this day, following the previous day's 7.7 billion KRW net inflow.
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As of the 16th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.755 trillion KRW. The MMF subscription amount was 128.4923 trillion KRW, and the total net assets amounted to 129.3297 trillion KRW.
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