[Daily Fund Trends] Domestic Equity Funds Experience Net Outflow for 28 Consecutive Trading Days
[Asia Economy Reporter Kum Boryeong] The domestic equity fund market has experienced net outflows for 28 consecutive trading days.
According to the Korea Financial Investment Association on the 17th, 53 billion KRW was withdrawn from the domestic equity fund market excluding exchange-traded funds (ETFs) as of the 15th. The domestic equity fund market has seen continuous net outflows for 28 trading days since the 6th of last month.
On the same day, the overseas equity fund market recorded a net inflow of 300 million KRW.
The domestic bond fund market and the overseas bond fund market experienced net outflows of 119.3 billion KRW and 7.7 billion KRW, respectively.
Money Market Funds (MMFs) increased by 218.6 billion KRW compared to the previous day. The MMF subscription amount stood at 151.7236 trillion KRW, and the total net assets amounted to 152.4367 trillion KRW.
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