[Daily Fund Trends] Overseas Equity Funds See Net Outflow of 180.5 Billion KRW in One Day

[Asia Economy Reporter Hwang Yoon-joo] More than 180.5 billion KRW flowed out of overseas equity funds in a single day.

According to the Korea Financial Investment Association on the 26th, as of the 24th, excluding exchange-traded funds (ETFs), 180.5 billion KRW was net withdrawn from overseas equity funds in one day. Domestic equity funds saw a net inflow of 6.9 billion KRW, bringing in a total of 103.5 billion KRW over five trading days.

Domestic bond funds experienced a net outflow of 14.7 billion KRW, with 64.7 billion KRW withdrawn over two trading days. Overseas bond funds had a net inflow of 2.8 billion KRW.

Money market funds (MMFs), which attract short-term funds, saw an outflow of 1.6513 trillion KRW in one day, with the principal amount set at 171.9694 trillion KRW and the net asset total recorded at 173.0197 trillion KRW.