The Korea Fund, Inc. Appoints New Agent for its Discount Management Program
Business Wire•05/10/2026•08:00 ET
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Key Highlights
- ➤Canaccord Genuity becomes Korea Fund’s discount-program agent effective October 5, 2026
- ➤Fund may repurchase up to 10% of prior-year shares annually
- ➤Repurchases target shares trading above a specified discount threshold to NAV
- ➤Program purchases occur on-exchange at prevailing market prices, subject to requirements
The Korea Fund, Inc. Appoints New Agent for its Discount Management Program
The Board of Directors (the “Board”) of The Korea Fund, Inc. (NYSE: KF) (the “Fund”) has appointed Canaccord Genuity LLC, (the “Program Manager”) to serve as its agent and broker for purposes of implementing the Fund’s Discount Management Program (the “Program”), with effect as of October 5, 2026.
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