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
U.S. PERSONS
Weiss Korea Opportunity Fund
Ltd.
(the “Company”)
(a closed-ended investment scheme incorporated with limited
liability
under the laws of Guernsey with registered number 56535)
LEI 213800GXKGJVWN3BF511
Publication of Net Asset Value
(“NAV”)
Date of Release 7th November
2018
Name |
NAV
per share (Pence Per Share) |
ISIN |
NAV DATE |
Weiss Korea
Opportunity Fund Ltd. |
146.02 |
GG00B933LL68 |
6th November 2018 |
Commentary:
As at 6th November 2018,
the Company’s net assets were £123.19 million.
Important Notice:
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.
Dividends:
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 0.31 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.
Enquiries:
Northern Trust International Fund Administration Services
(Guernsey) Limited
Cara De La Mare
Tel: +44 (0) 1481 745498