[Daily Fund Trends] Korean Equity Funds See Net Outflow of 320 Billion KRW Over 5 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net inflows have continued for five consecutive trading days, with 320 billion KRW flowing out during this period.
According to the Korea Financial Investment Association on the 16th, as of the 12th, 90.4 billion KRW flowed out of the domestic equity fund market excluding Exchange Traded Funds (ETFs). With net outflows continuing for five consecutive days, a total of 322 billion KRW flowed out during this period. Overseas equity funds also saw net outflows of 73.5 billion KRW.
On the same day, the domestic bond fund market experienced net outflows of 137.1 billion KRW. With net outflows continuing for two consecutive trading days, a total of 160.6 billion KRW flowed out during this period. The overseas bond fund market saw net outflows of 6.8 billion KRW.
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As of the 12th, money market funds (MMFs), which are demand deposit-type products, recorded net inflows of 139.7 billion KRW. The MMF's total subscription amount was 152.6693 trillion KRW, and the net asset total was 153.5321 trillion KRW.
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