[Daily Fund Trends] Domestic Equity Funds Turn to Net Outflow

Photo by captured from the Korea Financial Investment Association website

[Asia Economy Reporter Kum Bo-ryeong] Domestic equity funds, which had shown net inflows for four consecutive trading days, have turned to net outflows.

According to the Korea Financial Investment Association on the 10th, domestic equity funds excluding exchange-traded funds (ETFs) saw a net outflow of 7.8 billion KRW on the 6th. This contrasts with the net inflow trend observed over the four trading days from the 2nd to the 5th.

Overseas equity funds also experienced an outflow of 21.3 billion KRW.

On the other hand, the domestic bond fund market recorded a net inflow of 14 billion KRW on the same day. The overseas bond fund market saw a net outflow of 0.5 billion KRW.

Money Market Funds (MMFs) decreased by 1.1392 trillion KRW compared to the previous day. The MMF subscription amount stood at 146.6651 trillion KRW, with total net assets amounting to 147.593 trillion KRW.

Photo by Korea Financial Investment Association website capture

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