[Daily Fund Trends] Overseas Equity Funds Attract 120 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Minji Lee] Overseas equity funds are showing a net inflow trend. Approximately 120 billion KRW flowed into overseas equity funds over the past three trading days, while domestic equity funds are experiencing a net outflow.
According to the Korea Financial Investment Association on the 7th, as of the 4th, excluding exchange-traded funds (ETFs), 18.7 billion KRW was withdrawn from the domestic equity fund market. Over the past three trading days, 49 billion KRW has exited domestic equity funds.
On the other hand, 104.6 billion KRW flowed into overseas equity funds, totaling 119.6 billion KRW over the past three trading days.
In the domestic bond fund market, 53.7 billion KRW was net withdrawn. In the overseas bond fund market, 18.1 billion KRW flowed in on the day, marking 38.4 billion KRW inflows over two consecutive trading days.
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As of the 29th, 299.4 billion KRW was net withdrawn from money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 133.6527 trillion KRW, and the net asset total was 134.4804 trillion KRW.
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