NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR SOUTH AFRICA OR TO
Weiss Korea Opportunity Fund Ltd.
(a closed-ended investment scheme incorporated with limited liability
under the laws of Guernsey with registered number 56535)
Publication of Net Asset Value (“NAV”)
Date of Release 11th April 2018
|Name||NAV per share (Pence Per Share)||ISIN||NAV DATE|
|Weiss Korea Opportunity Fund Ltd.||168.94||GG00B933LL68
||10th April 2018|
As at 10th April 2018, the Company’s net assets were £ 142.53 million.
The Net Asset Value figure in this announcement is an estimate, and is based on unaudited estimated valuations. Estimated results, performance or achievements may differ materially from any actual results, performance or achievements. No person has authority to give any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this release, and all liability therefor is expressly disclaimed. Accordingly, none of the Company, the Investment Manager, the Administrator, or any of its/their respective members, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any loss, howsoever arising, from the use of this release. Except as required by applicable law, the Company expressly disclaims any obligations to update or revise the above estimates to reflect any change in expectations, new information, subsequent events or otherwise.
As noted in the Admission Document, dividends from Korean preferred shares are not accounted for or accrued in the NAV until dividends are received by the Company. Recent changes to dividend policies of certain companies owned by the fund, such as increasing dividend levels or more frequent dividend payouts, may make it more difficult to accurately estimate dividend amounts in a given period prior to that dividend being received by the Company. As a result of the foregoing, the NAV published above may not reflect all income contractually due to the Company as at the stated NAV date. The Company estimates that issuers in the Company’s portfolio have declared dividends that would add approximately 2.10 pence per share to the NAV, but this amount has not yet been received, so they are not included in the above NAV. Please refer to the Admission Document for more information regarding the announcement and payment of Korean dividends.
Northern Trust International Fund Administration Services (Guernsey) Limited
Cara De La Mare
Tel: +44 (0) 1481 745498