Saturday, March 11, 2017

February, Orientation funds, stocks fell despite rising Kospi increased MMF



[Korea goyounghun financial newspaper reporter] money market fund (MMF) 2 February influx funds, including net assets totaled 9.4 trillion won to 486 trillion won increase. Despite the KOSPI and the bullish equity funds went missing funds.

According to the Korea Financial Investment Association 11 days in February of this year, while equity funds, funds of 800 billion won compared with a net outflow jeonwolmal, MMF has an atmospheric funds of 8.1 trillion won funds were net inflow. The end of February, the total fund AUM were a record 485.6 jeonwolmal one trillion won compared to 8 trillion won (1.7%) to 489.6 trillion won increased, net assets also increased jeonwolmal compared to 9.4 trillion won (2.0%).

Gold is tuhyeop but until recently surpassed the United States as a 2100 Kospi stocks hunpung due to foreign buying and a rally Trump, said that the recent decline in China's stocks fell 28, deadline.

Domestic equity funds had net assets decreased 300 billion won and overseas equity funds, equity funds, the total net assets Net assets increased 100 billion won posted a 200 billion won compared to 67 trillion won, down jeonwolmal (-0.3%).

This is dwaeteumyeo domestic equity funds one months in February due to a net outflow of 600 billion won profit-taking sale in accordance with the KOSPI rises, the net assets were recorded at 51.2 trillion won, down 300 billion won compared jeonwolmal (-0.6%). Foreign equity is concerned about continued US trade protectionism, uncertainty in the global economy due to funding of 100 billion won, such as the French presidential election was a net outflow.

In the case of the MMF fund gotta net inflow of 8.1 trillion won during the month end net assets of the two MMF was compared jeonwolmal 8.2 trillion won (7.1%) recorded an increase of 124.2 trillion won.

Domestic bond funds net assets were reduced by 1 trillion in foreign bond funds, bond funds net assets Net assets were full record 104.1 trillion won compared to 800 billion won, down jeonwolmal (-0.8%) increased 200 billion won.

Foreign bond funds are dwaeteumyeo funds net inflow of 200 billion won during the month, compared to 200 billion won net assets jeonwolmal (2.2 percent) increased by 11.6 trillion won.

In the case of funds of funds dwaeteumyeo funds net inflow of 600 billion won for a month, net assets reported a 16.1 trillion won increase compared jeonwolmal 600 billion won (4.0%).

Gold tuhyeop yihwantae Asset Management Support Manager, said, "seems to be the uncertainty of such retaliatory trade measures, while the US rate hike fears that have a negative impact on the domestic economy and increased investment market sentiment and preference for safe assets."



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