[Daily Fund Trends] Domestic Equity Funds See Net Inflow of 52.6 Billion KRW After 8 Trading Days

[Asia Economy Reporter Minji Lee] The domestic equity fund market turned to net inflows after eight trading days.

According to the Korea Financial Investment Association on the 12th, as of the 10th, the domestic equity fund market excluding exchange-traded funds (ETFs) saw an inflow of 52.6 billion KRW. Although there had been net outflows for seven consecutive trading days totaling about 356.3 billion KRW during that period, the market shifted to net inflows on that day.

In the overseas equity fund market on the same day, net outflows continued for 12 consecutive trading days. During this period, a total of 156.1 billion KRW was withdrawn.

In the domestic bond market, 22.4 billion KRW was withdrawn. This market experienced net outflows of 256.3 billion KRW for two consecutive trading days. In the overseas bond fund market, there was a net inflow of 100 million KRW.

As of the 10th, money market funds (MMFs), which are demand deposit-type products, saw net outflows of 908.8 billion KRW. The MMF balance was recorded at 150.9937 trillion KRW, and the total net assets amounted to 151.9257 trillion KRW.

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