Korea Equity Fund, Inc. Declares $1.252 Long Term Capital Gains Distribution
December 19 2013 - 3:30PM
Marketwired
Korea Equity Fund, Inc. Declares $1.252 Long Term Capital Gains
Distribution
NEW YORK, NY--(Marketwired - Dec 19, 2013) - Korea Equity
Fund, Inc. (NYSE: KEF) (the "Fund") announced that it would make a
long term capital gains distribution of $1.252 per share to
shareholders of record on December 30, 2013. The ex-dividend
date is December 26, 2013.
The distribution is payable on January 17, 2014.
The Fund invests primarily in equity securities of companies
domiciled in Korea and is designed for investors seeking long-term
capital appreciation. The manager of the Fund is Nomura Asset
Management U.S.A. Inc., which is based in New York. Nomura
Asset Management U.S.A. Inc. is a subsidiary of Nomura Asset
Management Co., Ltd., which is one of the largest investment
advisory companies in Japan in terms of assets under management and
which serves as the investment adviser to the Fund.
Contact: Neil A. Daniele Nomura Asset Management U.S.A. Inc.
Worldwide Plaza 309 West 49th Street New York, NY 10019 (212)
667-1873
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