[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 100.7 Billion KRW Over 4 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic equity fund market, a net outflow of 100.7 billion KRW occurred over four trading days. Since the 6th of last month, funds have flowed out of the market on all days except the 21st of this month.
According to the Korea Financial Investment Association on the 30th, as of the 28th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 67.8 billion KRW. This marked the third consecutive trading day of net outflows, with a total of 100.7 billion KRW leaving the market. In the overseas equity fund market, a total of 52.4 billion KRW flowed out over two consecutive trading days.
On the same day, the domestic bond fund market experienced an outflow of 120.4 billion KRW. Over four consecutive trading days, a total of 447.2 billion KRW exited the market. The overseas bond fund market also saw a net outflow of 5.3 billion KRW.
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As of the 28th, Money Market Funds (MMFs), which allow for on-demand deposits and withdrawals, recorded a net outflow of 5.6467 trillion KRW. The MMF subscription amount was 135.6072 trillion KRW, and the total net assets amounted to 136.1957 trillion KRW.
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