[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 73.4 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic equity fund market, a net outflow of 73.4 billion KRW occurred over three trading days. Except for one day on the 21st of this month, funds have been withdrawn from the market every day since the 6th of last month.
According to the Korea Financial Investment Association on the 29th, as of the 24th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 10.8 billion KRW. The overseas equity fund market also turned to a net outflow after nine trading days, with 22.6 billion KRW withdrawn on that day.
On the same day, the domestic bond fund market experienced an outflow of 108.4 billion KRW. This marks a total withdrawal of 326.8 billion KRW from the market over three consecutive trading days. In contrast, overseas bond funds saw a net inflow of 24 billion KRW.
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As of the 24th, Money Market Funds (MMFs), which allow flexible deposits and withdrawals, recorded a net outflow of 2.06 trillion KRW. The MMF subscription amount was 141.2539 trillion KRW, and the net asset total was 141.8804 trillion KRW.
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