[Daily Fund Trends] Domestic Equity Funds See Net Outflow for 4 Consecutive Trading Days
[Asia Economy Reporter Minji Lee] In the domestic equity fund market, net outflows continued for four consecutive trading days, with a total of 98.9 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 26th, as of the 22nd, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 40.6 billion KRW. Net outflows continued for four consecutive trading days, totaling 98.9 billion KRW during this period. On the same day, overseas bond funds recorded a net inflow of 1.4 billion KRW.
On the same day, the domestic bond fund market experienced an outflow of 35.9 billion KRW. The overseas equity fund market saw a net outflow of 100 million KRW, resulting in a total withdrawal of 28.6 billion KRW over five trading days.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, recorded a net outflow of 1.5209 trillion KRW. The MMF subscription amount was 149.8201 trillion KRW, and the total net assets were calculated at 150.0687 trillion KRW.
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