Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution
14 Dicembre 2012 - 6:30PM
Marketwired
Korea Equity Fund, Inc. (NYSE: KEF) (the "Fund") announced that it
would make a long term capital gains distribution of $1.053 per
share to shareholders of record on December 24, 2012. The
ex-dividend date is December 20, 2012.
The distribution is payable on January 4, 2012.
The Fund invests primarily in equity securities of companies
domiciled in Korea and is designed for investors seeking long-term
capital appreciation. The Manager of the Fund is Nomura Asset
Management U.S.A. Inc., which is based in New York. Nomura Asset
Management U.S.A. Inc. is a subsidiary of Nomura Asset Management
Co., Ltd., which is one of the largest investment advisory
companies in Japan in terms of assets under management and which
serves as the Investment Adviser to the Fund.
Contact: Neil A. Daniele Nomura Asset Management U.S.A. Inc.
2 World Financial Center Building B, 18th Floor New
York, NY 10281 (212) 667-1873
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