[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 465 Billion KRW Over 6 Trading Days

[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, net outflows have occurred for six consecutive trading days, with a total of 465 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 14th, as of the 12th, the domestic equity fund market excluding Exchange Traded Funds (ETFs) saw a net outflow of 56.7 billion KRW. With net outflows continuing for six consecutive trading days until that day, a total of 465 billion KRW was withdrawn. On the other hand, the overseas bond fund market recorded a net inflow of 21.3 billion KRW on the same day.

On the same day, the domestic bond fund market experienced a net inflow of 108.1 billion KRW. The overseas equity fund market also saw a net inflow of 1 billion KRW.

As of the 12th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.4627 trillion KRW. The MMF subscription amount was 149.7586 trillion KRW, and the total net assets amounted to 150.6699 trillion KRW.

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