[Daily Fund Trends] Korean Equity Funds See Net Outflow of 280 Billion KRW Over 9 Trading Days

[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows have continued for 9 consecutive trading days, with 281.6 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 7th, as of the 3rd, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 3.9 billion KRW. Net outflows have continued for 9 consecutive trading days, totaling 281.6 billion KRW during this period. The overseas bond fund market also experienced a net outflow of 24.1 billion KRW.

On the same day, the domestic bond fund market recorded a net inflow of 69.4 billion KRW. Net inflows have continued for 3 consecutive days, totaling 234.9 billion KRW during this period. Overseas bond funds also saw a net inflow of 700 million KRW.

As of the 3rd, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 1.1739 trillion KRW. The MMF subscription amount was 141.2479 trillion KRW, and the net asset total was recorded at 142.0489 trillion KRW.

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