[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 408 Billion KRW Over 6 Trading Days
[Asia Economy Reporter Minji Lee] In the domestic equity fund market, 408 billion KRW of funds have withdrawn over six trading days.
According to the Korea Financial Investment Association on the 23rd, excluding exchange-traded funds (ETFs), 2.7 billion KRW was withdrawn from the domestic equity fund market on the 21st, resulting in a net outflow of 408 billion KRW over six trading days. In the overseas equity fund market, 19.3 billion KRW of funds were withdrawn.
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In the domestic bond fund market, 67.5 billion KRW of funds were withdrawn. In the overseas bond fund market, 7.5 billion KRW of funds exited. Money Market Funds (MMFs) saw a withdrawal of 1.3744 trillion KRW compared to the previous day. The MMF balance stood at 164.693 trillion KRW, with total net assets of 165.1544 trillion KRW.
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