[Daily Fund Trends] Korean Equity Funds See Net Inflow of 150 Billion Won Over 4 Trading Days
[Asia Economy Reporter Eunmo Koo] The domestic equity fund market has seen net inflows for four consecutive trading days, with 150 billion KRW flowing in during this period.
According to the Korea Financial Investment Association on the 19th, as of the 17th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) recorded a net inflow of 23.7 billion KRW. With net inflows continuing for four consecutive trading days, a total of 151.9 billion KRW flowed in during this period. On the other hand, the overseas equity fund market saw a net outflow of 24.9 billion KRW.
On the same day, the domestic bond fund market experienced a net outflow of 240 billion KRW. Conversely, the overseas bond fund market recorded a net inflow of 5 billion KRW.
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As of the 17th, Money Market Funds (MMFs), which are demand deposit-type products, saw a net outflow of 1.84 trillion KRW. The MMF subscription amount was recorded at 144.7072 trillion KRW, and the total net assets amounted to 145.6529 trillion KRW.
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