[Daily Fund Trends] Korean Equity Funds See Net Outflow of 130 Billion Won Over 3 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows continued for three consecutive trading days, with 130 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 13th, as of the 8th, excluding exchange-traded funds (ETFs), the domestic equity fund market saw a net outflow of 37.3 billion KRW. Net outflows continued for three consecutive trading days, totaling 126.7 billion KRW during this period. Meanwhile, the overseas equity fund market experienced a net inflow of 10 billion KRW.
On the same day, the domestic bond fund market also shifted to a net outflow in just one day, with 172.9 billion KRW withdrawn. Conversely, overseas bond funds saw a net inflow of 46 billion KRW.
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As of the 8th, money market funds (MMFs), which are demand deposit-type products, experienced a net outflow of 191.8 billion KRW. The MMF's total subscription amount was recorded at 137.4322 trillion KRW, and the net asset value totaled 138.2867 trillion KRW.
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