[Daily Fund Trends] Domestic Equity Funds See Net Outflow for 3 Consecutive Trading Days
[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, net outflows continued for three consecutive trading days, with a total of 58.8 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 23rd, as of the 21st, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 25.8 billion KRW. Net outflows occurred for three consecutive trading days, totaling 58.8 billion KRW during this period.
On the same day, overseas bond funds also experienced a net outflow of 6.9 billion KRW. Similarly, a total of 93 billion KRW was withdrawn over three trading days.
On the same day, the domestic bond fund market saw a net inflow of 53.2 billion KRW. In contrast, the overseas equity fund market experienced a net outflow of 10.8 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, recorded a net inflow of 1.2243 trillion KRW. The MMF subscription amount was 151.341 trillion KRW, and the total net assets amounted to 152.2111 trillion KRW.
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