[Daily Fund Trends] Korean Equity Funds See Net Outflow of 370 Billion KRW Over 7 Trading Days

[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows have continued for seven consecutive trading days, with 370 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 18th, as of the 16th, 2.3 billion KRW was withdrawn from the domestic equity fund market excluding exchange-traded funds (ETFs). Net outflows have continued for seven consecutive trading days, totaling 369 billion KRW during this period. On the other hand, overseas equity funds saw a net inflow of 15.7 billion KRW.

On the same day, the domestic bond fund market experienced a net outflow of 96.7 billion KRW. Net outflows have continued for four consecutive trading days, totaling 288.7 billion KRW during this period. The overseas bond fund market also saw a net outflow of 8.6 billion KRW.

As of the 16th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.9062 trillion KRW. The MMF balance was 156.6009 trillion KRW, and the total net assets amounted to 157.402 trillion KRW.

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