H1 Fund Dividend Income 12.4651 Trillion Won... 21% Decrease Compared to H1 Last Year

[Asia Economy Reporter Minji Lee] The amount of fund profit dividends paid in the first half of this year was 12.4651 trillion KRW, showing a 21% decrease compared to the same period last year.

According to the Korea Securities Depository on the 27th, profit dividends for public offering funds amounted to 1.3 trillion KRW, and private placement funds amounted to 11.1651 trillion KRW, decreasing by 39.9% and 18.8% respectively compared to the same period last year. The number of funds paying profit dividends was 1,107 for public offering funds and 7,353 for private placement funds, decreasing by 28.5% and 2.1% respectively year-on-year. By fund type, profit dividends decreased for equity, mixed equity, bond, mixed bond, and other funds, but increased for MMF, real estate, and special asset funds.

Among the fund profit dividends paid in the first half, the amount reinvested into funds was 3.5157 trillion KRW, accounting for 28.2% of the profit dividends. Of the reinvested amount, public offering funds accounted for 858.3 billion KRW and private placement funds for 2.6574 trillion KRW, with reinvestment rates of 66% and 23.8% respectively. In the case of private placement funds, the proportion of profit dividends from real estate and special asset funds, which are difficult to reinvest, was higher compared to public offering funds (public 28.4%, private 60.7%), resulting in a lower reinvestment rate.

The amount of new fund subscriptions in the first half of this year was 29.6897 trillion KRW, and liquidation distributions were 14.7939 trillion KRW, decreasing by 11.5% and 17.8% respectively compared to the first half of last year. New subscriptions refer to the initial subscription amount of newly established funds during the period.

New subscriptions for public offering funds were 1.7724 trillion KRW, and liquidation distributions were 644.4 billion KRW, decreasing by 50.4% and 75.2% respectively year-on-year. For private placement funds, new subscriptions were 27.9173 trillion KRW, and liquidation distributions were 14.1495 trillion KRW, decreasing by 6.8% and 8.1% respectively during the same period. In the case of public offering funds, new subscriptions for MFF, bond, mixed bond, and derivative investment funds, as well as liquidation distributions for derivative funds, sharply declined.

This content was produced with the assistance of AI translation services.