[Daily Fund Trends] Korean Equity Funds Experience Net Outflows for 11 Consecutive Trading Days

[Asia Economy Reporter Park Jihwan] The domestic equity fund market experienced net outflows for 11 consecutive trading days. During this period, approximately 300 billion KRW of funds were withdrawn.

According to the Korea Financial Investment Association on the 22nd, as of the 20th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 43.6 billion KRW.

With net outflows continuing for 11 consecutive trading days, a total of 296 billion KRW was withdrawn during this period. On the same day, the overseas equity fund market also experienced a net outflow of 11.7 billion KRW.

On the other hand, the domestic bond fund market saw an inflow of 369.8 billion KRW. The overseas bond fund market experienced a net outflow of 1.4 billion KRW.

As of the 20th, Money Market Funds (MMFs), which allow flexible deposits and withdrawals, recorded a net outflow of 1.8319 trillion KRW. Accordingly, the MMF assets under management totaled 126.7913 trillion KRW, with net assets amounting to 127.6323 trillion KRW.