[Daily Fund Trends] Korean Equity Funds See Net Outflow of 350 Billion KRW Over 11 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows have continued for 11 consecutive trading days, with 350 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 29th, as of the 25th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 71.1 billion KRW. Net outflows have continued for 11 consecutive trading days, totaling 349.6 billion KRW during this period. Overseas equity funds also experienced a net outflow of 25.2 billion KRW.
On the same day, the domestic bond fund market recorded a net outflow of 249.7 billion KRW. Net outflows have continued for three consecutive trading days, totaling 591.9 billion KRW during this period. Conversely, the overseas bond fund market saw a net inflow of 3.2 billion KRW.
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As of the 25th, Money Market Funds (MMFs), which are demand deposit-type products, experienced a net outflow of 4.0282 trillion KRW. The MMF subscription amount was recorded at 139.7397 trillion KRW, and the net asset total was 140.5818 trillion KRW.
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