[Daily Fund Trends] Overseas Equity Funds See Net Outflow of 35.4 Billion KRW Over 2 Trading Days
[Asia Economy Reporter Hwang Yoon-joo] A total of 35.4 billion KRW was withdrawn from overseas equity funds over two trading days.
According to the Korea Financial Investment Association on the 23rd, as of the 21st, excluding exchange-traded funds (ETFs), 13.7 billion KRW was net withdrawn from overseas equity funds, resulting in a total outflow of 35.4 billion KRW over two trading days. Meanwhile, 17.5 billion KRW was net inflowed into domestic equity funds.
In domestic bond funds, 72.9 billion KRW was net withdrawn. Overseas bond funds saw a net inflow of 2.5 billion KRW.
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Money market funds (MMFs), which attract short-term funds, recorded an inflow of 943.1 billion KRW in one day, bringing the total principal amount to 160.2633 trillion KRW and the net asset value to 161.0887 trillion KRW.
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