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The Korea Fund, Inc. Announces Invitation to Join a Webinar
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Rhea-AI Summary
The Korea Fund, Inc. (NYSE:KF) announced an update session on November 29, 2022, at 9:00 a.m. EST led by Portfolio Manager John Cho. The session aims to discuss the Fund's positioning, attribution, and outlook while allowing participants to ask live questions. The Korea Fund is focused on long-term capital appreciation through investments in Korean equity securities. However, investors should note risks associated with international investments, including currency fluctuations and market volatility. Further details on the Fund's performance can be found on their official website.
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Investing in the Fund involves risks including currency fluctuation and government regulations.
The Fund's shares may trade at a discount to NAV, increasing price volatility.
NEW YORK--(BUSINESS WIRE)--
The Korea Fund, Inc. (the "Fund") (NYSE:KF) announced today that on November 29, 2022 at 9.00a.m. EST , John Cho, Portfolio Manager of The Korea Fund, Inc. will be providing an update on the Fund.
Over 30 minutes John will provide an update on the Fund, covering positioning and attribution as well as outlook. There will be the ability to submit live questions.
The Korea Fund, Inc. is a non-diversified, closed-end investment company. The Fund seeks long-term capital appreciation through investing primarily in equity securities trading on the Korean stock exchanges. Its shares are listed on the New York Stock Exchange under the symbol “KF.”
JPMorgan Asset Management (Asia Pacific) Ltd is the Fund's Investment Adviser. Investment in closed-end funds involves risks. Additional risks are associated with international investing, such as currency fluctuation, government regulations, economic changes and differences in liquidity, which may increase the volatility of an investment in the Fund. Foreign securities markets generally exhibit greater price volatility and are less liquid than the U.S. market. Additionally, this Fund focuses its investments in certain geographical regions, thereby increasing its vulnerability to developments in that region. All of these factors potentially subject the Fund's shares to greater price volatility. The NAV of the Fund will fluctuate with the value of the underlying securities. Closed-end funds trade on their market value, not NAV, and closed-end funds often trade at a discount to their NAV.
The Fund’s daily New York Stock Exchange closing market price and NAV, as well as other information, including updated portfolio statistics and performance are available at www.thekoreafund.com or by calling the Fund’s stockholder servicing agent at (866) 706 0510.
This press release contains no recommendations to buy or sell any specific securities and should not be considered investment advice of any kind. Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate. There can be no assurance the Fund will meet its stated objective. There is no assurance that the market price of the Fund’s shares, either absolutely or relative to NAV, will increase as a result of any share repurchases. In making any investment decision, individuals should utilize other information sources and the advice of their own professional adviser.
Fund shares are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Fund shares involve investment risk, including possible loss of principal. 09if222111115835
