[Daily Fund Trends] Domestic Equity Funds See Total Outflow of 240 Billion KRW Over 6 Consecutive Trading Days

[Asia Economy Reporter Park Jihwan] In the domestic equity fund market, net outflows have continued for six consecutive trading days, with a total of more than 240 billion KRW withdrawn during this period.

According to the Korea Financial Investment Association on the 19th, as of the 17th, the domestic equity fund market excluding Exchange-Traded Funds (ETFs) saw a net outflow of 51.3 billion KRW. Net outflows have persisted for six consecutive days, totaling 241.4 billion KRW during this period. On the other hand, overseas equity funds experienced net inflows amounting to 69.8 billion KRW. For seven consecutive days, a total of 258.3 billion KRW has flowed in.

In the domestic bond fund market, there was a net outflow of 93.4 billion KRW. Until the previous day, net inflows had continued for four consecutive trading days, totaling 471.4 billion KRW during that period. Overseas bond funds saw net inflows of 6.1 billion KRW. For seven consecutive days, a total of 50.2 billion KRW has flowed in.

As of the 17th, Money Market Funds (MMFs), which are demand deposit-type products, experienced a net outflow of 1.5352 trillion KRW. The MMF subscription amount was recorded at 147.3719 trillion KRW, and the total net assets amounted to 148.3844 trillion KRW.