[Daily Fund Trends] Korean Equity Funds See Net Outflow of 150 Billion Won Over Five Days
[Asia Economy Reporter Koo Eun-mo] In the domestic equity fund market, net outflows continued for five consecutive trading days, with 150 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 26th, as of the 22nd, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 8.4 billion KRW. Net outflows continued for five consecutive trading days, totaling 148.1 billion KRW during this period. The overseas equity fund market also experienced a net outflow of 1.1 billion KRW.
On the same day, the domestic bond fund market turned to net inflows after four trading days, with 85.8 billion KRW flowing in. Overseas bond funds also saw net inflows of 55.2 billion KRW.
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As of the 22nd, money market funds (MMFs), which are demand deposit-type products, recorded net inflows of 748 billion KRW. The MMF's total subscription amount was 155.724 trillion KRW, and the net asset value totaled 156.6967 trillion KRW.
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