Weiss Korea Opportunity Fund Ltd Update research from QuotedData
October 25 2021 - 1:00AM
RNS Non-Regulatory
TIDMWKOF
Weiss Korea Opportunity Fund Ltd
25 October 2021
Weiss Korea Opportunity Fund - Update research from
QuotedData
21(st) October 2021
On the front foot
Weiss Korea Opportunities (WKOF)'s share price and net asset
value (NAV) returns continue to be well-ahead of those of
comparable indices. From its launch in May 2013 to the end of
September 2021, shareholders saw returns of almost 190%, more than
double those of the MSCI Korea 25/50 Index (the trust's chosen
performance benchmark - see page 13). Nevertheless, the board and
the manager feel that the discount opportunity that WKOF was
designed to exploit remains highly attractive.
The average discount at which the company's portfolio of Korean
preference shares trades relative to the prices of equivalent
common shares is as wide as it has been since the launch of the
fund in 2013. In recognition of this, the board feels that it makes
sense to try to expand the company.
Full research:
https://quoteddata.com/research/weiss-korea-opportunity-fund-front-foot-qd/
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