NEW YORK, NY--(Marketwire - Dec 14, 2012) - In the news release, "Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution," issued earlier today by Korea Equity Fund, Inc. (
Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution
NEW YORK, NY -- December 14, 2012 -- Korea Equity Fund, Inc. (
The distribution is payable on January 4, 2013.
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.