[Daily Fund Trends] 450 Billion KRW Net Outflow from Korean Equity Funds This Month

Bond Fund Market Also Turns to Net Outflow

Trends in Inflows and Outflows of Equity Funds Market (Source: Korea Financial Investment Association)

[Asia Economy Reporter Minwoo Lee] The domestic equity fund market experienced net outflows for five consecutive trading days. Except for the 10th, net outflows occurred every day, with approximately 450 billion KRW withdrawn.

According to the Korea Financial Investment Association on the 19th, as of the 17th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 26.7 billion KRW. With net outflows continuing for five consecutive trading days, a total of 143.8 billion KRW was withdrawn. The only day with net inflows this month was the 10th. The total net outflow during this period amounted to 447.4 billion KRW. The overseas equity fund market also experienced a net outflow of 18.7 billion KRW, with net inflows occurring only once this month on the 15th.

Bond Fund Market Capital Inflow and Outflow Trends (Source: Korea Financial Investment Association)

On the same day, the bond fund market turned to net outflows both domestically and overseas. The domestic bond fund market saw a net outflow of 77.6 billion KRW, while the overseas bond fund market experienced a withdrawal of 51.5 billion KRW.

Meanwhile, as of the 16th, money market funds (MMFs), which are demand deposit-type products, recorded a net outflow of 1.3109 trillion KRW. The MMF balance was 153.5674 trillion KRW, and the total net assets amounted to 154.5059 trillion KRW.

This content was produced with the assistance of AI translation services.