The Korea Fund, Inc. Posts Portfolio Management Commentary
Published December 18th, 2009
The Korea Fund, Inc. (the “Fund”) (NYSE: KF) announced today that a supplementary Portfolio Management Presentation for the third quarter of 2009 is now available on the Fund’s website.
This additional portfolio management commentary will be provided on a quarterly basis and is in addition to the regular Quarterly Economic Updates, which are also available on the Fund’s website.
The supplementary Portfolio Management Presentation and Quarterly Economic Updates can be accessed at http://www.thekoreafund.com/koreaFund/profile/KF/literature.jsp
Sang Won Kim is the lead portfolio manager of the Fund at RCM Asia Pacific Limited (“RCM AP”).
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.”
RCM Capital Management LLC and RCM Asia Pacific Limited are the Fund’s investment manager and sub-adviser, respectively. 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 your investment. Foreign security 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 net asset value of the Fund will fluctuate with the value of the underlying securities. Closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value.
The Fund’s daily New York Stock Exchange closing price and net asset value per share, as well as other information, including updated portfolio statistics and performance are available at www.thekoreafund.com or by calling the Fund’s shareholder servicing agent at (800) 254-5197.
