[Daily Fund Trends] Korean Equity Funds See Net Outflow of 370 Billion Won Over 6 Trading Days
[Asia Economy Reporter Koo Eun-mo] In the domestic equity fund market, net outflows have continued for six consecutive trading days, with 370 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 17th, as of the 13th, 44.7 billion KRW was withdrawn from the domestic equity fund market excluding Exchange-Traded Funds (ETFs). With net outflows continuing for six consecutive days, a total of 366.7 billion KRW was withdrawn during this period. On the other hand, overseas equity funds saw net inflows of 353.6 billion KRW.
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On the same day, the domestic bond fund market experienced net outflows of 31.4 billion KRW. With net outflows continuing for three consecutive trading days, a total of 192 billion KRW was withdrawn during this period. Conversely, the overseas bond fund market saw net inflows of 17.2 billion KRW.
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As of the 13th, money market funds (MMFs), which are demand deposit-type products, recorded net inflows of 2.0255 trillion KRW. The MMF subscription amount was 154.6947 trillion KRW, and the total net assets amounted to 155.4913 trillion KRW.
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