[Daily Fund Trends] Overseas Equity Funds Attract 164.1 Billion KRW Over 5 Trading Days

[Asia Economy Reporter Minji Lee] A total of 164.1 billion KRW flowed into the overseas equity fund market over five trading days.

According to the Korea Financial Investment Association on the 30th, as of the 28th, 73.7 billion KRW was inflowed into the overseas equity fund market excluding exchange-traded funds (ETFs), resulting in a net inflow of 164.1 billion KRW over four trading days. In the domestic equity fund market, 7.6 billion KRW was withdrawn, turning into a net outflow.

On the same day, 12.2 billion KRW was withdrawn from the domestic bond fund market. Meanwhile, 2.6 billion KRW flowed into the overseas bond fund market.

Money Market Funds (MMFs), which allow frequent deposits and withdrawals, saw an inflow of 703.4 billion KRW. The MMF subscription amount was 148.9372 trillion KRW, and the total net assets were recorded at 149.8212 trillion KRW.