Investment Objective: The Fund seeks long-term growth of capital through long and short investments in Korean equities.
Investment Process: The Fund uses a bottom-up strategy based on proprietary evaluation methods developed over more than a decade. The focus is on companies with the potential to grow earnings at a higher rate than overall Korean market averages.
Trading Discipline: Buy orders for target companies aim for oversold conditions. Sell orders are typically placed when companies have reached intrinsic value for next year’s earnings.
Hedging Capability: The fund employs risk management strategies such as: hedging the indices, hedging the currency, shorting individual stocks, and raising cash levels directionally, and has done so in 1997-1998, 2000-2002, and since 2008.
