[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 252.4 Billion KRW Over 10 Trading Days

[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, net outflows have continued for 10 consecutive trading days, with more than 250 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 21st, as of the 17th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 47.8 billion KRW.

With net outflows continuing for 10 consecutive days, a total of 252.4 billion KRW was withdrawn during this period. On the same day, the overseas equity fund market also experienced a net outflow of 4.7 billion KRW.

On the same day, the domestic bond fund market also saw 213.4 billion KRW withdrawn, reversing from two consecutive days of net inflows until the previous day. The overseas bond fund assets increased by 400 million KRW, showing net inflows for three consecutive trading days.

As of the 17th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 130.9 billion KRW. MMF assets under management totaled 128.6232 trillion KRW, and net asset value was 129.4706 trillion KRW.

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