The Korea Fund, Inc.

Frequently Asked Questions About KF

What does KF invest in?

The Korea Fund, Inc. operates as a closed-end investment vehicle, managed by Allianz Global Investors U.S. LLC. Its primary objective is to allocate capital to publicly traded companies within the dynamic equity markets of Korea. The fund strategically diversifies its holdings across various sectors, with a particular emphasis on identifying growth-oriented companies. Its investment approach hinges on rigorous fundamental analysis, employing a bottom-up stock selection methodology. This involves meticulously scrutinizing factors such as price-to-earnings ratios, dividend yields, and earnings-per-share growth to construct its portfolio. Performance is evaluated relative to the MSCI Korea 25/50 Index. Furthermore, it incorporates insights from 'Grassroots Research' to inform its investment decisions. Established on August 29, 1984, The Korea Fund, Inc. maintains its domicile in the United States.

What is the expense ratio of KF?

The Korea Fund, Inc. (KF) charges an expense ratio of 1.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KF?

The Korea Fund, Inc. (KF) manages $260.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is KF actively managed or an index fund?

KF is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KF's is 1.75%) because there's no security selection cost.

When was KF launched?

The Korea Fund, Inc. (KF) launched in August 1984 and is managed by the fund issuer.

How has KF performed?

KF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.