[Daily Fund Trends] Korean Equity Funds See Net Outflow of 58.4 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] A total of 58.4 billion KRW was withdrawn from the domestic equity fund market.
According to the Korea Financial Investment Association on the 12th, as of the 10th, 58.4 billion KRW was withdrawn from domestic equity funds excluding exchange-traded funds (ETFs). In the overseas equity fund market, 10.2 billion KRW flowed in, showing a net inflow for four consecutive trading days.
In the domestic bond fund market, 126.2 billion KRW was withdrawn in one day. In the overseas bond fund market, 73.1 billion KRW was withdrawn, totaling 81.8 billion KRW outflow over four trading days.
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In the money market fund (MMF) market, a short-term fund stopover, 1.8624 trillion KRW was net withdrawn in one day. The MMF subscription amount was 177.8508 trillion KRW, and the total net assets were 178.3826 trillion KRW.
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