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Korea Equity Fund, Inc.
Fund Highlights - June 30, 2008
(Unaudited)
Key Statistics
| Net Assets |
|
$127,903,761 |
|
| Net Asset Value per Share |
|
$11.41 |
|
| Closing NYSE Market Price |
|
$10.41 |
|
| Percentage Change in Net Asset Value per Share* |
|
(21.7%) |
|
| Percentage Change in NYSE Market Price* |
|
(20.5%) |
|
|
| *From January 1, 2008 to June 30, 2008. Includes reinvestment of any income dividends and capital gain distributions. Changes in currency rates have influenced the Fund's performance. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. |
Market Index**
| |
|
Won
|
|
U.S. $
|
| Korea Composite Stock Price Index |
|
(11.7%) |
|
(21.1%) |
|
|
| **From January 1, 2008 to June 30, 2008. |
Average Annual Total Return***
| |
|
Return
|
| One Year Ending 6/30/08 |
|
(16.7%) |
|
| Three Years Ending 6/30/08 |
|
(16.0%) |
|
| Five Years Ending 6/30/08 |
|
21.3% |
|
| Ten Years Ending 6/30/08 |
|
18.1% |
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| Since Inception (12/03/93 to 6/30/08) |
|
0.4% |
| |
|
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|
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| ***Reflects the percentage change in net asset value per share and includes reinvestment of any income dividends and capital gain distributions. Changes in currency rates have influenced the Fund's performance. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. |
Asset Allocation
| Korea Stocks |
|
96.9 |
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| Other Assets Less Liabilities, Net |
|
3.1 |
| |
|
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| Total Investments |
|
100 |
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|
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| |
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| TOTAL |
|
100 |
| |
|
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| The asset allocation reflects the Fund's investments on the date indicated, and may not be representative of the Fund's current or future holdings. |
Industry Diversification
| |
|
% of
Net Assets
|
| Miscellaneous Manufacturing |
|
17.8 |
|
| Consumer Electronics |
|
16.6 |
|
| Services |
|
14.5 |
|
| Banking and Financial Services |
|
13.9 |
|
| Iron and Steel |
|
10.7 |
|
| Food and Beverages |
|
6.0 |
|
| Transportation |
|
4.8 |
|
|
| |
|
% of
Net Assets
|
| Retail |
|
4.6 |
|
| Automotive Equipment and Parts |
|
4.5 |
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| Oil and Gas |
|
2.5 |
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| Machinery and Machine Tools |
|
1.0 |
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|
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| The industry diversification reflects the Fund's investments on the date indicated and may not be representative of the Fund's current or future holdings. |
Ten Largest Equity Holdings By Market Value
| |
|
Market
Value
|
|
% of
Net Assets
|
| Samsung Electronics Co., Ltd. |
|
$13,883,715 |
|
10.9 |
|
| POSCO |
|
13,742,884 |
|
10.7 |
|
| Samsung Fire and Marine Insurance Co., Ltd. |
|
9,286,772 |
|
7.3 |
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| LG Electronics Inc. |
|
7,390,688 |
|
5.7 |
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| Kookmin Bank |
|
6,298,524 |
|
4.9 |
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| Hynix Semiconductor Inc. |
|
5,682,904 |
|
4.4 |
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| KT&G Corporation |
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5,544,413 |
|
4.3 |
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| Hyundai Heavy Industries Co., Ltd. |
|
5,044,126 |
|
3.9 |
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| Daewoo Shipbuilding & Marine Engineering Co., Ltd. |
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4,961,127 |
|
3.9 |
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| Hyundai Mobis |
|
4,550,501 |
|
3.6 |
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| The ten largest equity holdings by market value reflect the Fund's investments on the date indicated and may not be representative of the Fund's current or future holdings.
Other - Securities Lending
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