[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 17 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] The domestic equity fund market shifted to a net outflow trend in just one day.
According to the Korea Financial Investment Association on the 28th, as of the 26th, excluding exchange-traded funds (ETFs), 17 billion KRW flowed out of the domestic equity fund market, turning to a net outflow trend in one day. Overseas equity funds saw an inflow of 36.3 billion KRW, resulting in a total net inflow of 54.6 billion KRW over three trading days.
On the same day, the domestic bond fund market experienced a net inflow of 160.2 billion KRW. The overseas bond fund market saw an outflow of 16.1 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, recorded a net outflow of 783.4 billion KRW. The MMF balance was 148.2739 trillion KRW, and the total net assets were calculated at 149.1443 trillion KRW.
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