[Daily Fund Trends] Korean Equity Funds See Net Inflow After 7 Trading Days
[Asia Economy Reporter Minwoo Lee] Net inflows appeared in the domestic equity fund market for the first time in 7 trading days.
According to the Korea Financial Investment Association on the 6th, as of the 4th, the domestic equity fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 12.6 billion KRW. This marks a reversal from net outflows that continued for 6 trading days since the 23rd of last month. The overseas equity fund market also saw a net inflow of 108.9 billion KRW.
On the same day, the domestic bond fund market recorded a net inflow of 471 billion KRW. With net inflows for 3 consecutive trading days, a total of 927.5 billion KRW has flowed in. The overseas bond fund market also experienced a net inflow of 2.4 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, increased by 7.0862 trillion KRW compared to the previous day. The MMF subscription amount was recorded at 138.6895 trillion KRW, and the total net assets amounted to 137.5893 trillion KRW.
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