[Daily Fund Trends] Korean Equity Funds See Net Outflow of 50 Billion KRW Over 2 Trading Days

[Asia Economy Reporter Koo Eun-mo] The domestic equity fund market experienced net outflows for two consecutive trading days, with 50 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 13th, as of the 11th, the domestic equity fund market excluding Exchange Traded Funds (ETFs) saw a net outflow of 2.8 billion KRW. With net outflows continuing for two consecutive days, a total of 51.6 billion KRW was withdrawn during this period. Meanwhile, the overseas equity fund market recorded a net inflow of 9.8 billion KRW.

On the same day, the domestic bond fund market experienced a net inflow of 35.9 billion KRW, halting the two-day streak of net outflows. Similarly, the overseas bond fund market also saw net inflows amounting to 2.4 billion KRW.

As of the 11th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.225 trillion KRW. The MMF subscription amount was 145.0456 trillion KRW, and the net asset total was 146.0037 trillion KRW.

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