Korea Fund Announces Earnings Results for the Three Months Ended June 30, 2019
August 30, 2019 at 04:27 am
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Korea Fund announced earnings results for the three months ended June 30, 2019. For the period, the company reported a net investment loss of $0.03 per share compared with a loss of $0.01 per share during the same period last fiscal year.
The Korea Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies. The Fund Primarily invests in equity securities listed on the Korea Stock Exchange. The Fund directly invests in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies. It invests in various sectors, including automobile components, biotechnology, chemicals, construction & engineering, consumer staples distribution & retail, electronic equipment, instruments & components, entertainment, food products, industrial conglomerates, interactive media & services, marine transportation, oil, gas & consumable fuels, semiconductors & semiconductors equipment, and others. Its investment adviser is JPMorgan Asset Management (Asia Pacific) Limited.
THE KOREA FUND, INC. 
