[Daily Fund Trends] Korean Equity Funds See Net Outflow of 630 Billion KRW Over 9 Trading Days
[Asia Economy Reporter Eunmo Koo] In the domestic equity fund market, net outflows have continued for 9 consecutive trading days, with 630 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 20th, as of the 18th, 149.4 billion KRW was withdrawn from the domestic equity fund market excluding Exchange Traded Funds (ETFs). Net outflows have continued for 9 consecutive trading days, totaling 630 billion KRW during this period. On the other hand, overseas equity funds saw a net inflow of 48.7 billion KRW.
On the same day, the domestic bond fund market experienced a net inflow of 185.9 billion KRW. Net inflows have continued for 2 consecutive trading days, totaling 570 billion KRW during this period. Conversely, the overseas bond fund market saw a net outflow of 42.6 billion KRW.
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As of the 18th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 962.2 billion KRW. The MMF subscription amount was 159.9555 trillion KRW, and the net asset total was 160.7778 trillion KRW.
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