[Daily Fund Trends] Overseas Equity Funds Attract 90 Billion KRW Over 4 Trading Days
[Asia Economy Reporter Minji Lee] The overseas equity fund market saw inflows totaling 90 billion KRW over four trading days.
According to the Korea Financial Investment Association on the 29th, as of the 27th, the overseas equity fund market excluding exchange-traded funds (ETFs) recorded an inflow of 35.8 billion KRW, resulting in a net inflow of 90.4 billion KRW over four trading days. The domestic equity fund market saw an inflow of 7.1 billion KRW, turning into a net inflow.
On the same day, the domestic bond fund market experienced a net inflow of 20.2 billion KRW. The overseas bond fund market saw an outflow of 2.1 billion KRW.
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Money Market Funds (MMFs), which allow frequent deposits and withdrawals, had a net outflow of 40.1 billion KRW. The MMF balance was 148.2338 trillion KRW, and the net asset total was recorded at 149.1107 trillion KRW.
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