[Daily Fund Trends] Korean Equity Funds See Net Outflow of 250 Billion Won Over 2 Trading Days

[Asia Economy Reporter Koo Eun-mo] In the domestic equity fund market, net outflows continued for two consecutive trading days, with 250 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 11th, as of the 9th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 126.7 billion KRW. Net outflows continued for two consecutive trading days, totaling 253.4 billion KRW during this period. The overseas equity fund market also experienced a net outflow of 0.5 billion KRW.

On the same day, the domestic bond fund market recorded a net outflow of 224.3 billion KRW. With net outflows for two consecutive days, a total of 304 billion KRW was withdrawn. Overseas bond funds also saw a net outflow of 2.1 billion KRW.

As of the 9th, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 1.3137 trillion KRW. The MMF subscription amount was 144.8215 trillion KRW, and the net asset total was recorded at 145.6579 trillion KRW.

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