[Daily Fund Trends] Korean Equity Funds See Net Outflow of 350 Billion Won Over 10 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows have continued for 10 consecutive trading days, with 347.2 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 8th, as of the 4th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 65.6 billion KRW. Net outflows have continued for 10 consecutive trading days, totaling 347.2 billion KRW during this period. The overseas equity fund market also experienced a net outflow of 4.3 billion KRW.
![[Daily Fund Trends] Korean Equity Funds See Net Outflow of 350 Billion Won Over 10 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020090719290867669_1599474548.png)
On the same day, the domestic bond fund market recorded a net outflow of 153.2 billion KRW. Overseas bond funds also saw a net outflow of 2.8 billion KRW.
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![[Daily Fund Trends] Korean Equity Funds See Net Outflow of 350 Billion Won Over 10 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020090719290667668_1599474546.png)
As of the 4th, Money Market Funds (MMFs), which are demand deposit-type products, experienced a net outflow of 1.3061 trillion KRW. The MMF balance was recorded at 139.9418 trillion KRW, with total net assets amounting to 140.7422 trillion KRW.
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