[Daily Fund Trends] Domestic Equity Funds See Net Outflow for 5 Consecutive Trading Days... Total 408.3 Billion Won
[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, net outflows have occurred for five consecutive trading days, with a total of 408.3 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 13th, as of the 11th, excluding Exchange-Traded Funds (ETFs), the domestic equity fund market experienced a net outflow of 128.6 billion KRW. With net outflows continuing for five consecutive trading days until that day, a total of 408.3 billion KRW was withdrawn. On the same day, the overseas bond fund market also saw a net outflow of 2.7 billion KRW.
On the other hand, on the same day, the domestic bond fund market recorded a net inflow of 139.7 billion KRW. The overseas equity fund market experienced a net outflow of 59.3 billion KRW. With net outflows continuing for five consecutive trading days, a total of 77.4 billion KRW was withdrawn.
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As of the 11th, money market funds (MMFs), which are demand deposit-type products, saw a net outflow of 613.7 billion KRW. The MMF subscription amount was recorded at 148.2959 trillion KRW, and the total net assets amounted to 149.1958 trillion KRW.
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