Business & Finance
Business and Finance
Business and Finance 
Mon, December 17, 2012
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Fri, December 14, 2012
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[ Fri, Dec 14th 2012
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Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution
December 14, 2012 12:30 ET
Korea Equity Fund, Inc. Declares $1.053 Long Term Capital Gains Distribution
NEW YORK, NY--(Marketwire - Dec 14, 2012) - Korea Equity Fund, Inc. (
The distribution is payable on January 4, 2012.
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.