[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 290 Billion KRW Over 6 Trading Days
[Asia Economy Reporter Minji Lee] The domestic equity fund market experienced net outflows for six consecutive trading days.
According to the Korea Financial Investment Association on the 10th, as of the 8th, the domestic equity fund market excluding exchange-traded funds (ETFs) saw an outflow of 74.2 billion KRW. Net outflows continued for six consecutive trading days, totaling approximately 290.2 billion KRW during this period.
On the same day, the overseas equity fund market also experienced net outflows for ten consecutive trading days. A total of 116.1 billion KRW was withdrawn during this period.
The domestic bond market saw net inflows of 14 billion KRW. For two consecutive trading days, 53.2 billion KRW flowed in.
The overseas bond fund market also showed net inflows for two consecutive days, with 117.7 billion KRW coming in.
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As of the 8th, money market funds (MMFs), which are demand deposit-type products, experienced net outflows of 1.4953 trillion KRW. The MMF balance was recorded at 155.192 trillion KRW, with total net assets amounting to 155.9724 trillion KRW.
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