[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 520 Billion KRW Over 3 Trading Days
[Asia Economy Reporter Minji Lee] A total of 519.2 billion KRW has withdrawn from the domestic equity fund market for three consecutive trading days.
According to the Korea Financial Investment Association on the 8th, as of the 6th, excluding exchange-traded funds (ETFs), 72.2 billion KRW was net withdrawn from the domestic equity fund market. Over three trading days, 519.2 billion KRW has exited the domestic equity fund market. In the overseas equity fund market, 90.9 billion KRW was net inflowed.
In the domestic bond fund market, 35 billion KRW was withdrawn. In overseas bond funds, 1.5 billion KRW was also net withdrawn.
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As of the 6th, 6.7928 trillion KRW flowed into money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 138.825 trillion KRW, and the net asset total was 139.2811 trillion KRW.
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