[Daily Fund Trends] Korean Equity Funds Experience Net Outflows for 25 Consecutive Trading Days
[Asia Economy Reporter Geum Bo-ryeong] Domestic equity funds have experienced capital outflows for 25 consecutive trading days.
According to the Korea Financial Investment Association on the 14th, excluding exchange-traded funds (ETFs), 61.5 billion KRW was withdrawn from the domestic equity fund market as of the 10th. The net outflow trend in the domestic equity fund market has continued for 25 trading days since the 6th of last month.
On the same day, 31.6 billion KRW was also withdrawn from the overseas equity fund market.
While 179.7 billion KRW disappeared from the domestic bond fund market, 6.1 billion KRW was net inflowed into the overseas bond fund market.
Money Market Funds (MMFs) decreased by 1.8619 trillion KRW compared to the previous day. The MMF subscription amount was recorded at 150.2877 trillion KRW, and the total net assets amounted to 151.0306 trillion KRW.
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