EWY - KF: Japan Was So Last Year Buy South Korean Stocks In 2024
2024-02-17 09:01:22 ET
Summary
- The Korea Fund is a closed-ended fund focused on South Korean equities with performance that is slightly ahead of its benchmark over the last decade.
- The fund has a discount to NAV of over 17% in the last 6 months, which may contract substantially in a bullish run in South Korean stocks.
- South Korea is taking cues from Japan's corporate governance reforms, potentially leading to improved shareholder activism and better market performance.
The Korea fund overview
The Korea Fund ( KF ) is a closed-ended fund that is focused on South Korean equities. Its performance in NAV terms over the last decade has slightly beat its benchmark....
KF: Japan Was So Last Year, Buy South Korean Stocks In 2024