[Daily Fund Trends] Korean Equity Funds See Net Outflow of 90 Billion Won Over 2 Trading Days

[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows continued for two consecutive trading days, with 90 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 12th, as of the 7th, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 61.5 billion KRW. Net outflows continued for two consecutive trading days, totaling 89.4 billion KRW during this period. On the other hand, the overseas equity fund market experienced a net inflow of 32.8 billion KRW.

On the same day, the domestic bond fund market recorded a net inflow of 34.8 billion KRW. Conversely, the overseas bond fund market saw a net outflow of 3.3 billion KRW.

As of the 7th, money market funds (MMFs), which are demand deposit-type products, had a net inflow of 178 billion KRW. The MMF subscription amount was 137.624 trillion KRW, and the net asset total was 138.4852 trillion KRW.

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