Net Asset Value(s)

RNS Number : 4632Z

Weiss Korea Opportunity Fund Ltd

06 February 2014

 



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)

Publication of Net Asset Value ("NAV")
Date of Release - 6th February 2014

Name	NAV per share (Pence Per Share)	ISIN	NAV DATE
Weiss Korea Opportunity Fund Ltd.	99.97	GG00B933LL68	04th  February 2014

Commentary:
As at 4th February 2014, the Company's net assets were £104.97 million.

As at 4th February 2014, the Company's aggregate exposure to Korean listed securities, including futures contracts and other types of options, swaps and derivatives related to Korean equities, was approximately £103.22 million.

Dividends:

As noted in the Admission Document, dividends from Korean preferred shares are not accounted for or accrued in the NAV until the amount of each dividend is received. 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 notes that there are dividends receivable by the Company as at the stated NAV date but such dividends have not yet been received so they are not yet included in NAV. The Company currently has estimates for only a portion of such dividends receivable; such estimated portion would add an additional 1.04 pence per share.  Please refer to the Admission Document for more information regarding the announcement and payment of Korean dividends.

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.

Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Cara De La Mare
Tel: [phone]

 

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