"68 Trillion Won Inflow into the Fund Market Last Year"

More than 68 trillion won flowed into the fund market last year.

According to the "2023 Fund Market Settlement" announced by the Korea Financial Investment Association on the 15th, the total net assets of all funds stood at 971.4 trillion won as of the end of last year, an increase of 119.1 trillion won (14%) compared to the end of the previous year. Net inflows amounted to 68.2 trillion won.

The public offering fund market showed signs of recovery. In 2022, the total net assets decreased by 28.9 trillion won compared to the end of 2021. However, last year, net inflows of 33.7 trillion won increased the total net assets to 348.3 trillion won. Additionally, the private equity fund market saw net inflows of 33.4 trillion won. The total net assets rose by 9.5% (53.9 trillion won) compared to the end of 2022, reaching 623.1 trillion won.

By type, equity funds recorded 110.81 trillion won, an increase of 21.2% compared to the end of last year. During the same period, short-term money market funds (MMF) and real estate funds also grew by 12.6% and 7.7%, reaching 172.64 trillion won and 157.35 trillion won, respectively.

The growth of bond funds was also notable. With high interest rates persisting, the attractiveness of bond products increased. Bond funds attracted 12.2 trillion won in inflows over the year. The total net assets recorded 138.2 trillion won, an 18.5% (21.56 trillion won) increase compared to the end of 2022.

Meanwhile, the actual total net assets of all funds were recorded at 1,000.8666 trillion won as of the 9th. The market surpassed 1,000 trillion won right at the beginning of the year.