[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 216 Billion KRW Over 5 Trading Days
[Asia Economy Reporter Minji Lee] The domestic equity fund market experienced net outflows for five consecutive trading days.
According to the Korea Financial Investment Association on the 9th, excluding exchange-traded funds (ETFs), 21.5 billion KRW was withdrawn from the domestic equity fund market as of the 5th. Net outflows continued for five consecutive trading days, totaling approximately 216 billion KRW during this period.
On the same day, the overseas equity fund market also saw net outflows for nine consecutive trading days. A total of 88.5 billion KRW was withdrawn during this period.
In the domestic bond market, 39.2 billion KRW was net inflowed. Although 83.2 billion KRW was withdrawn the previous day, the market shifted to net inflows in just one day.
The overseas bond fund market also turned to net inflows, with 4 billion KRW entering after four trading days.
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As of the 5th, money market funds (MMFs), which are demand deposit-type products, saw net outflows of 226.6 billion KRW. The MMF balance was recorded at 156.5145 trillion KRW, and the total net assets amounted to 157.4743 trillion KRW.
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