[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 280 Billion KRW Over 8 Trading Days
![[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 280 Billion KRW Over 8 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020090408221062192_1599175331.jpg)
[Asia Economy Reporter Geum Bo-ryeong] A total of 280 billion KRW was net withdrawn from the domestic equity fund market over 8 trading days.
According to the Korea Financial Investment Association on the 4th, 22 billion KRW was net withdrawn from the domestic equity fund market excluding exchange-traded funds (ETFs) on the 2nd. The net outflow trend continued for 8 trading days since the 24th of last month, with a total of 277.7 billion KRW disappearing.
On the 2nd, 31.1 billion KRW was also net withdrawn from the overseas equity fund market.
On the same day, 63 billion KRW was net inflowed into the domestic bond fund market, while 5 billion KRW was net withdrawn from the overseas bond fund market.
Money Market Funds (MMFs) decreased by 1.2275 trillion KRW compared to the previous day. The MMF subscription amount was recorded at 142.4219 trillion KRW, and the total net assets amounted to 143.2243 trillion KRW.
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![[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 280 Billion KRW Over 8 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020090408223562194_1599175356.jpg)
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