Weiss Korea Opportunity Share Discussion Threads

[praipus] 28/6/2013 22:46

Korea could recover...at some point

Korea ETF

[topvest] 28/6/2013 20:04

The trouble is it is only relative value versus the ordinary shares. The yield is still very low.

[praipus] 28/6/2013 09:23

Should we few remaining holders gain any sense of comfort from the see through NAV being an estimated 110%+ higher?

[topvest] 27/6/2013 19:29

These are well over priced given the premium. Only just below the launch price but the NAV starts with an 8!...ouch.

[praipus] 27/6/2013 13:00

light_weight:)

[skyship] 27/6/2013 12:49

Strewth, glad I baled out of these. Still, there will come a time to be back in here...

Publication of Net Asset Value ("NAV")

Date of Release - 27 June 2013


Name NAV per share ISIN NAV DATE
(Pence Per
Share)
------------------------ -------------- ------------- -------------
Weiss Korea Opportunity 87.90 GG00B933LL68 25 June 2013

[ptolemy] 26/6/2013 14:57

"No hedging showed higher performance."

Maybe so, but with Korea about to embark on QE things might be different...Will give it a miss for now.

[praipus] 26/6/2013 11:42

Skyship is probably right, Weiss have written a paper on portfolio performance with and without hedging currency risk. No hedging showed higher performance. But ultimately they do hedge through portfolio diversification.

[skyship] 26/6/2013 09:56

They don't hedge...

[ptolemy] 26/6/2013 09:54

Mention in daily dispatch from Money week.

Anyone know if they do any currency hedging? Without knowing that, this is a gamble, no?

[topvest] 24/6/2013 19:20

Well this didn't stay above 100p for long. It looks like their market timing wasn't quite right. Still at a premium after losing circa 5-10% of the new issue money! hmmm

[praipus] 14/6/2013 10:17

Thanks for looking Yeildsearch. IKOR and AMEX:EWY were mentioned on a US BB as a good stock to short!

[yieldsearch] 14/6/2013 09:28

Only one I could find is samsung kodex inverse etf , however listed on korea se in local currency so probably not usefl..Sedol B4MTSN1 KRIsin kr7114800006Www.samsunginvest.co.kr

[anley] 14/6/2013 08:48

NO - sorry

[praipus] 13/6/2013 13:57

Korea ETF



anley any idea if there is an inverse to this ETF?

[anley] 13/6/2013 13:14

The recent price movement shows the way the share price will move in these troubled times!

[praipus] 05/6/2013 15:41

Seeing the mention of Ruffer in post 27 I thought I'd track Ruffer's other holdings on the WAM thread too.

[davebowler] 05/6/2013 14:30

hxxp://www.fundweb.co.uk/1071997.article?cmpid=fsissue_250892865&cmptype=How+long+can+the+corporate+bond+party+last%3F

[anley] 04/6/2013 08:32

I agree........

[hoveite] 03/6/2013 18:41

anley,

Have you noticed that another thread had been started for this share?



I'd suggest using that one if you are interested in discussing WKOF as it is likely to have more people following it since it has more posts than this thread.

As the FT article notes Korean preference shares are a somewhat esoteric asset class, so I doubt there will be enough interest to sustain two threads.

[anley] 03/6/2013 14:33

There are some interesting large shareholders in for the medium to long term ride.

[anley] 03/6/2013 14:32

The FT 1st June had an interesting article on this investment trust quoted on AIM.

I have bought today - above NAV - just to see how this share performs. I plan to add as and when.

Good trading.................