Last Year Fund Profit Dividends 25.2382 Trillion Won... 24% Decrease Compared to Previous Year

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 6th that the amount of fund profit dividends paid last year was 25.2382 trillion won, a 24% decrease compared to the previous year (33.2249 trillion won).

Public funds paid 2.6321 trillion won, and private funds paid 22.6061 trillion won, decreasing by 27.5% and 23.6% respectively compared to the previous year. The number of funds paying profit dividends was 1,862 for public funds and 14,256 for private funds, decreasing by 31.8% and 2.9% respectively compared to the previous year. By fund asset type, profit dividends for stocks and stock-mixed funds, bonds and bond-mixed funds, and other funds decreased, but profit dividends for MMFs (Money Market Funds), real estate, and special asset funds increased.

Of the fund profit dividends paid last year (25.2383 trillion won), the amount reinvested in the respective funds was 7.5968 trillion won, accounting for 30.1% of the profit dividends. Among the reinvested amounts, public funds accounted for 1.7145 trillion won and private funds for 5.8823 trillion won, with reinvestment rates of 65.1% and 26% respectively. In the case of private funds, the reinvestment rate was low because the proportion of profit dividends from real estate and special asset funds, which are difficult to reinvest, was higher than that of public funds.

The amount of newly established funds was 56.9849 trillion won, and the amount of liquidation distribution payments was 30.058 trillion won, decreasing by 8.6% and 29.1% respectively compared to the previous year. Among the newly established amounts, public funds accounted for 3.7429 trillion won and private funds for 53.2357 trillion won, decreasing by 22.2% and 7.4% compared to the previous year.

Among the liquidation distribution payments, public funds accounted for 1.9785 trillion won and private funds for 28.0795 trillion won, decreasing by 68% and 22.5% compared to the previous year. Liquidation distribution payments decreased most significantly in derivative investment funds. Of the total decrease of 12.3449 trillion won, 5.7245 trillion won occurred in derivative investment funds.