[Daily Fund Trends] Domestic Equity Funds See Net Outflow of 330 Billion KRW Over 12 Trading Days

[Asia Economy Reporter Park Jihwan] The domestic equity fund market experienced net outflows for 12 consecutive trading days. During this period, approximately 330 billion KRW flowed out.

According to the Korea Financial Investment Association on the 23rd, as of the 21st, the domestic equity fund market excluding exchange-traded funds (ETFs) saw a net outflow of 30.8 billion KRW.

With net outflows continuing for 12 consecutive trading days, a total of 326.8 billion KRW exited during this period.

On the same day, the overseas equity fund market recorded a net inflow of 5.5 billion KRW. Prior to this, overseas equity funds had experienced net outflows for four consecutive trading days, totaling 54.9 billion KRW.

On that day, the domestic bond fund market saw an outflow of 8.5 billion KRW, while the overseas bond fund subscriptions increased by 700 million KRW.

As of the 21st, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 1.3374 trillion KRW. Accordingly, the MMF subscription amount totaled 128.1287 trillion KRW, and the net asset value was 128.9761 trillion KRW.