[Daily Fund Trends] Korean Equity Funds Return to Net Outflow... 75.5 Billion Won Withdrawn
Continuous Net Outflow for 13 Trading Days in Overseas Equity Fund Market
[Asia Economy Reporter Minwoo Lee] After net inflows for 8 trading days, funds have once again flowed out of the domestic equity fund market.
According to the Korea Financial Investment Association on the 15th, as of the 11th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 75.5 billion KRW. After 7 consecutive trading days of net outflows, there was a net inflow of 52.6 billion KRW on the 10th, marking the first inflow in 8 trading days, but a larger amount was withdrawn in just one day. The overseas equity fund market also experienced a net outflow of 22.9 billion KRW. With 13 consecutive trading days of net outflows, a total of 179 billion KRW has been withdrawn.
On the same day, the domestic bond fund market saw a net inflow of 2.4 billion KRW. The overseas bond fund market experienced a net outflow of 5.4 billion KRW.
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Meanwhile, as of the 11th, Money Market Funds (MMFs), which are demand deposit-type products, recorded a net inflow of 2.9919 trillion KRW. The MMF subscription amount was 153.9856 trillion KRW, and the net asset total was 154.9415 trillion KRW.
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