[Daily Fund Trends] 8 Consecutive Trading Days of Net Outflow from Korean Equity Funds

Capital Outflow of Approximately 1.5 Trillion Won Since the Beginning of This Year

Trends in Inflows and Outflows of Equity Funds Market (Source=Korea Financial Investment Association, Unit=100 million KRW)

[Asia Economy Reporter Minwoo Lee] Since the beginning of this year, approximately 1.5 trillion KRW has been withdrawn from the domestic equity fund market over eight consecutive trading days of net outflows.

According to the Korea Financial Investment Association on the 15th, on the 13th, excluding exchange-traded funds (ETFs), 483.1 billion KRW was net withdrawn from the domestic equity fund market. From the first trading day of this year on the 4th, a total of 1.5839 trillion KRW was withdrawn over eight consecutive trading days of net outflows. On the other hand, 59.8 billion KRW was net inflowed into the overseas equity fund market on the same day.

Bond Fund Market Capital Inflow and Outflow Trends (Source=Korea Financial Investment Association, Unit=100 Million KRW)

On the same day, 29.4 billion KRW was net inflowed into the domestic bond fund market. Although net inflows continued for four consecutive trading days with 159.7 billion KRW on the 10th, 606.2 billion KRW on the 11th, and 657.6 billion KRW on the 12th, the scale significantly decreased. The overseas bond fund market saw a net inflow of 102.4 billion KRW.

Meanwhile, as of the 13th, 3.3486 trillion KRW was net inflowed into money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 147.0904 trillion KRW, and the total net assets amounted to 147.5716 trillion KRW.