The domestic fund market reported a net outflow of some four-point-six trillion won during the month of June.

According to the Korea Financial Investment Association on Friday, 462-point-five trillion won were deposited in various types of domestic funds as of late June, down one percent or four-point-six trillion won at the end of May.

The Money Market Fund(MMF) reported a net runoff of nine-point-three trillion won in June while a net two-point-eight trillion won was added to bond funds. 

The volume of equity funds fell by 320 billion won to just over 60-point-three trillion.

The downtick is likely because investors are buying back their investments out of fear of a global recession due to the Brexit.