[Daily Fund Trends] Domestic Equity Funds Attract 14.1 Billion KRW Inflows
[Asia Economy Reporter Minji Lee] Domestic equity funds saw capital inflow for the first time in 5 trading days.
According to the Korea Financial Investment Association on the 27th, as of the 23rd, the domestic equity fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 14.1 billion KRW. Although 98.9 billion KRW had flowed out over the previous 4 consecutive trading days, about 10 billion KRW flowed back in. Overseas equity funds saw a net inflow of 16.9 billion KRW.
On the same day, the domestic bond fund market experienced an outflow of 46.1 billion KRW. The overseas bond fund market saw a new inflow of 0.5 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, recorded a net outflow of 762.8 billion KRW. The MMF subscription amount was 149.0573 trillion KRW, and the net asset total was 149.9303 trillion KRW.
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