[Daily Fund Trends] Domestic Equity Funds See Net Inflow After 3 Trading Days
[Asia Economy Reporter Hwang Junho] After three consecutive trading days of consistent outflows, funds poured into the domestic equity fund market.
According to the Korea Financial Investment Association on the 25th, domestic equity funds saw a net inflow of 129.9 billion KRW on the 23rd. However, with 44.7 billion KRW withdrawn from overseas equity funds, the total net inflow into the overall equity fund market was 85.2 billion KRW.
Bond funds experienced an outflow of 72.6 billion KRW, mainly from domestic bond funds. A total of 73.8 billion KRW was withdrawn, mostly from general funds. Excluding exchange-traded funds (ETFs), the outflow from domestic bond funds amounted to 79.8 billion KRW. The net outflow from all bond funds excluding ETFs was 78.5 billion KRW.
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Money Market Funds (MMFs), where short-term funds stay, saw an outflow of 268.4 billion KRW in one day, bringing the principal amount to 161.1104 trillion KRW. The total net assets increased by 260.8 billion KRW to 162.6084 trillion KRW.
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