[Daily Fund Trends] Continuous Net Outflow for 24 Trading Days in Korean Equity Funds

Bond Fund Market Also Shifts to Net Inflow

Trends in Inflows and Outflows of Equity Funds Market (Source: Korea Financial Investment Association)

[Asia Economy Reporter Minwoo Lee] Domestic equity funds have experienced net outflows for 24 consecutive trading days, marking the longest streak in the past four years.

According to the Korea Financial Investment Association on the 11th, excluding exchange-traded funds (ETFs), 36.1 billion KRW was withdrawn from the domestic equity fund market on the 9th. This 24-day consecutive net outflow is the longest since July 2016, four years ago. Conversely, the overseas equity fund market saw a net inflow of 44.2 billion KRW, marking the longest streak of 19 consecutive trading days of net inflows since October 2017.

Bond Fund Market Capital Inflow and Outflow Trends (Source=Korea Financial Investment Association)

Outflows were also observed in the bond fund market. On the 9th, the domestic bond fund market experienced a net outflow of 136.2 billion KRW. This reversed the net inflow trend that had continued for six trading days from the 1st to the 8th. The overseas bond fund market also saw a net outflow of 60.3 billion KRW.

Meanwhile, as of the 9th, money market funds (MMFs), which are demand deposit-type products, recorded a net outflow of 2.0215 trillion KRW. The MMF subscription amount was 152.1496 trillion KRW, and the net asset total was 152.9149 trillion KRW.

This content was produced with the assistance of AI translation services.