[Daily Fund Trends] Six Consecutive Trading Days of Net Outflow from Domestic Equity Funds
[Asia Economy Reporter Park Jihwan] The domestic equity fund market experienced net outflows for six consecutive trading days.
According to the Korea Financial Investment Association on the 10th, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 31.4 billion KRW on the 8th. This marks six consecutive trading days of net outflows since the 1st of this month. During this period, a total of 334.6 billion KRW was withdrawn.
On the same day, the overseas equity fund market also experienced an outflow of 45 billion KRW. Net outflows have continued for eight consecutive trading days, totaling 175.1 billion KRW during this period.
On the same day, the domestic bond fund market saw net outflows of 127.2 billion KRW. In contrast, the overseas bond fund market recorded inflows of 16.4 billion KRW.
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As of the 8th, money market funds (MMFs), which are demand deposit-type products, increased by 521.5 billion KRW compared to the previous day. The MMF balance stood at 147.7993 trillion KRW, with total net assets amounting to 148.6264 trillion KRW.
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