[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 200 Billion KRW Over 6 Trading Days
[Asia Economy Reporter Kum Boryeong] The domestic equity fund market has experienced net outflows for six consecutive trading days.
According to the Korea Financial Investment Association on the 2nd, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 49.5 billion KRW on the 31st of last month. The net outflow trend in the domestic equity fund market has continued for six trading days since the 24th of last month, resulting in a total disappearance of 204.7 billion KRW.
In contrast, the overseas equity fund market recorded a net inflow of 46.8 billion KRW on the 31st of last month.
On the same day, the domestic bond fund market and the overseas bond fund market experienced net outflows of 56.3 billion KRW and 12.9 billion KRW, respectively.
Money Market Funds (MMFs) decreased by 3.7057 trillion KRW compared to the previous day. The MMF subscription amount was confirmed at 144.259 trillion KRW, and the total net assets amounted to 145.0895 trillion KRW.
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Bond Fund Market (Photo by Korea Financial Investment Association website capture)
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