[Daily Fund Trends] Domestic Equity Funds See Net Outflow for 10 Consecutive Trading Days
[Asia Economy Reporter Minji Lee] The domestic equity fund market experienced net outflows for 10 consecutive trading days. The overseas equity fund market also showed net outflows for 12 consecutive trading days.
According to the Korea Financial Investment Association on the 16th, the domestic equity fund market, excluding exchange-traded funds (ETFs), saw a net outflow of 7.2 billion KRW on the 14th. This marks 10 consecutive trading days of net outflows since the 1st of this month. During this period, a total of 438.6 billion KRW was withdrawn.
On the same day, the overseas equity fund market also saw an outflow of 30 billion KRW. The overseas equity fund market has experienced net outflows for 11 consecutive trading days, totaling 507.2 billion KRW in net outflows.
On the same day, the domestic bond fund market recorded a net inflow of 1 billion KRW. The domestic market has seen 289.5 billion KRW inflows for four consecutive trading days. Conversely, the overseas bond fund market saw an outflow of 60 million KRW, turning into net outflows.
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As of the 14th, money market funds (MMFs), which are demand deposit-type products, saw an inflow of 1.3375 trillion KRW compared to the previous day. The MMF balance stood at 147.749 trillion KRW, with total net assets amounting to 148.5978 trillion KRW.
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