[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 62.6 Billion Won for Second Consecutive Day
[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, a net outflow of 62.6 billion KRW occurred for the second consecutive day. After turning to net inflow for the first time in 32 trading days with an inflow of 58.2 billion KRW, the market has returned to a net outflow trend.
According to the Korea Financial Investment Association on the 28th, as of the 23rd, the domestic equity fund market excluding exchange-traded funds (ETFs) saw a net outflow of 22.1 billion KRW. On the other hand, the overseas equity fund market recorded an inflow of 21.2 billion KRW. Net inflows have continued for eight consecutive trading days, totaling 130.1 billion KRW during this period.
On the same day, the domestic bond fund market experienced an outflow of 154.2 billion KRW. This marked a net outflow of 218.4 billion KRW over two consecutive trading days. Overseas bond funds also saw a net outflow of 1.6 billion KRW on that day.
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As of the 23rd, money market funds (MMFs), which are demand deposit-type products, recorded a net outflow of 2.7532 trillion KRW. The MMF subscription amount was 143.3139 trillion KRW, and the total net assets amounted to 143.9674 trillion KRW.
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