Korea Fund Common

Under the prior restriction on lending, the Fund was limited to lending securities equal to no more than 25% of its total assets. Current SEC staff guidance permits securities lending up to 50% of the Funds net assets (33% of its total assets, including collateral from securities loans). Under the new fundamental investment restriction, the Fund will be permitted (i) to make securities loans to the extent provided by SEC staff guidance (currently up to 50% of its net assets) and (ii) to make other loans (including repurchase agreements with a maturity longer than seven days) without limit, so long as they are consistent with the Funds investment policies and are not made to persons who control or are under common control with the Fund. To achieve long-term capital appreciation through investment in Korean securities, primarily equity securities listed on the Korea Stock Exchange. It is the policy of the Fund to invest at least 80% of its net assets in securities listed on the Stock Exchange. The balance of the net assets normally will be invested in short-term debt securities of the Korean government and in recognised Korean money market instruments. The annual turnover rate will not normally exceed 50%. Any change to the investment policy will require the Board to give a minimum of 60 days notice to the stockholders.

Key stats

Management firm  Allianz Group
Domicile  United States
Global Branding Name  Allianz
Fund currency  USD
Launch Date  1984-08-29
ISIN  US5006342092
SEDOL  B1BYGG5
Manager 1 Name  Raymond Chan
Manager 2 Name  Chris Leung
Fund Strategy  Miscellaneous Region
Benchmark  KSE KOSPI Korea PR KRW
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  1.20%
Return - 2 Months  2.22 %
Return - 3 Months  5.74%
Return - 6 Months  10.42 %
Return - 9 months  6.44 %
Return - 12 Months  19.42%
Annualized return 24 months  8.65 %
Annualized return 36 months  -0.85 %
Annualized return 48 months  7.67 %
Annualized return 60 months  10.47 %
Return 120 months  7.14 %
Annualized return since Inception  0.00%
Return YTD  4.40%

Charges

Initial  0.00 %
Maximum Managment Charge  0.75 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  1
Contact city  New York
Contact country  United States
Fund Admin Group  Allianz Group
Custodian  Brown Brothers Harriman & Co

Price

Last Price Date  2014-08-14
Pre-tax nav  43.92
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.42
Price change (percentage)  0.97 %
Guaranteed NAV  0.00000
Close Price  0.00

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