[Daily Fund Trends] Korean Equity Funds See Net Outflow of 480 Billion KRW Over 8 Trading Days
[Asia Economy Reporter Koo Eun-mo] In the domestic equity fund market, net outflows have continued for 8 consecutive trading days, with 480 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 19th, as of the 17th, 111.6 billion KRW was withdrawn from the domestic equity fund market excluding Exchange Traded Funds (ETFs). Net outflows have continued for 8 consecutive trading days, totaling 480.6 billion KRW during this period. On the other hand, overseas equity funds saw a net inflow of 700 million KRW.
On the same day, the domestic bond fund market experienced a net inflow of 384.1 billion KRW. Conversely, the overseas bond fund market saw a net outflow of 4.3 billion KRW.
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As of the 17th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 2.3923 trillion KRW. The MMF assets under management totaled 158.9933 trillion KRW, with net asset value amounting to 159.8065 trillion KRW.
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