KB Financial Group Inc
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Bank of Korea Keeps Rates Unchanged, Asian ETFs Trade Positive
South Korea’s monetary policy committee kept the benchmark interest rate unchanged at a record low of 1.3%—in line with expectations.
A Look at FSEAX’s Portfolio Moves Year-to-Date in 2016
FSEAX is focused on two sectors: financials and information technology. These two sectors combine to form 54% of the fund’s portfolio.
How Is Wells Fargo Asia Pacific Fund Allocating Its Portfolio?
The Wells Fargo Asia Pacific Fund invests 80% of its assets in stocks of companies located in the Asia-Pacific Basin.
FSEAX Sees a Superior Consistency of Returns
FSEAX is invested in the stocks of companies such as Korea Electric Power, KB Financial Group, China Life Insurance, and TAL Education Group.
Company & Industry Overviews A Performance Breakdown of the Wells Fargo Asia Pacific Fund (WFAAX)
In NAV (net asset value) terms, in the one-year period ending in January, the Wells Fargo Asia Pacific Fund (WFAAX) came in eighth place among our nine.
South Korean Won Declined on Reports of North Korean Bomb Test
The South Korean won depreciated against the US dollar on January 6, 2016. It came on the back of reports that North Korea may have conducted a nuclear bomb test.
Evaluating the Matthews Korea Fund Investor Class
The Matthews Korea Fund Investor Class generally invests at least 80% of its total assets in common and preferred stocks of companies from South Korea.
Korean Won Appreciates on Higher Inflation Report
The Korean won continued to appreciate versus the US dollar on November 3, 2015. Inflation results released at the fastest pace in 11 months on recovery fostered by domestic consumption and industrial output.
Malaysian Ringgit Rises Due to the Financial Budget
The Malaysian ringgit rose against the US dollar on October 23. The financial budget by Prime Minister Najib Razak was framed to woo investors.
South Korean Won Falls Slightly on Weak Industrial Production
The Korean won fell nearly 0.27% on August 31 on the back of weak economic data. A major fall was prevented since there was some positive bias due to strong retail sales data coming out at 1.9%.
