[Daily Fund Trends] Korean Equity Funds See Net Inflow of 130 Billion Won Over 3 Trading Days
[Asia Economy Reporter Eunmo Koo] The domestic equity fund market saw net inflows for three consecutive trading days, with 130 billion KRW flowing in during this period.
According to the Korea Financial Investment Association on the 18th, as of the 16th, the domestic equity fund market excluding Exchange Traded Funds (ETFs) recorded a net inflow of 40 billion KRW. With net inflows continuing for three consecutive days, a total of 128.2 billion KRW flowed in during this period. On the other hand, the overseas equity fund market saw a net outflow of 6.7 billion KRW.
On the same day, the domestic bond fund market experienced a net inflow of 23.2 billion KRW. Conversely, the overseas bond fund market had a net outflow of 4.7 billion KRW.
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As of the 16th, Money Market Funds (MMFs), which are demand deposit-type products, saw a net outflow of 76.3 billion KRW. The MMF subscription amount was recorded at 146.5471 trillion KRW, and the net asset total was 147.5024 trillion KRW.
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