The Korea Fund, Inc. Temporarily Halts Its Discount Management Program
[December 24, 2020] The Korea Fund, Inc. Temporarily Halts Its Discount Management Program The Korea Fund, Inc. (NYSE:KF) (the "Fund") announced today that it is temporarily halting its Discount Management Program ("DMP") in advance of the Fund's transition of its investment management and administration to JP Morgan (News - Alert) Asset Management (Asia Pacific) Limited and its affiliates, which is expected to take effect on or about December 31, 2020. The Korea Fund, Inc. is a non-diversified, closed-end investment company. The Fund seeks long-term capital appreciation through investing pr...
Source: tmcnet.com