Fund Dividend Income in the First Half of the Year 12.5 Trillion Won... Up 0.3% YoY

Public Funds Increase by 61%, Private Funds Decrease by 6.7%
MMF and Bond Funds Up, Stock and Real Estate Funds Down

The amount of fund profit dividends paid in the first half of this year was found to be at a similar level to last year. While profit dividends from public offering funds increased significantly, those from private funds decreased.

According to the Korea Securities Depository on the 26th, the amount of fund profit dividends paid in the first half of this year was 12.5082 trillion KRW, showing only a 0.3% increase compared to the same period last year.

Among these, profit dividends from public offering funds amounted to 2.0928 trillion KRW, increasing by 61%, whereas private funds decreased by 6.7% to 10.4154 trillion KRW. The number of funds that paid profit dividends was 1,022 for public offering funds and 7,319 for private funds, decreasing by 7.7% and 0.5%, respectively.

Profit dividends from money market funds (MMF), bond and mixed-type funds increased, while those from equity and equity-mixed funds, real estate and special asset funds, and other funds decreased.

Of the fund profit dividends paid in the first half, the amount reinvested into the respective funds was 4.0252 trillion KRW, accounting for 32.2% of the profit dividends. Among the reinvested amounts, public offering funds reinvested 1.8369 trillion KRW, and private funds reinvested 2.1883 trillion KRW, with reinvestment rates of 87.8% and 21%, respectively. A representative from the Depository explained, "The reinvestment rate is calculated by dividing the reinvested amount by the profit dividends. In the case of private funds, the proportion of real estate and special asset types, which are difficult to reinvest, is higher than in public offering funds, resulting in a lower reinvestment rate."

The amount of new fund subscriptions in the first half was 26.9209 trillion KRW, a decrease of 9.3%, while redemption distributions increased by 3% to 15.2307 trillion KRW. New subscriptions refer to the initial subscription amounts of newly established funds during the period. New subscriptions for public offering funds were 2.6595 trillion KRW, and redemption distributions were 1.6977 trillion KRW, increasing by 50.1% and 163.5%, respectively. For private funds, new subscriptions were 24.2614 trillion KRW, and redemption distributions were 13.533 trillion KRW, decreasing by 13.1% and 4.4%, respectively. In the case of public offering funds, new subscriptions increased significantly in MMFs, and redemption distributions increased substantially in derivative product types. For private funds, both new subscriptions and redemption distributions decreased in real estate and special asset types but increased in bond and bond-mixed types.

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