The Korea Fund: Invest In South Korea At A 16% Discount

Summary

  • This closed-end fund trades at a 16% discount to NAV.
  • Korea’s stock market also trades at a significant discount to other global and emerging markets.
  • Two key risks include South Korea’s economic vulnerability and this fund’s low liquidity.
  • I will slowly build my position between 2022 and 2023.

Continue reading at Seeking Alpha right here: https://seekingalpha.com/article/4516747-the-korea-fund-invest-in-south-korea-at-a-16-percent-discount

Top 5 Losers in the Deep Value ETF Accumulator Portfolio for 2021

Happy New Year to all. This year, as with most we had some winners and some losers in our portfolio. This isn’t out of the ordinary and we plan to always have at least a few losers each year in our massively diversified portfolios. These numbers were calculated by M1 Finance. These numbers do not include dividends received. These numbers are from our Traditional IRA which had no inflows or outflows of money other than dividends received. (Note: I did not include the ETFs that were added to the portfolio during 2021. SPEM, PSCH, XAR)

  1. CQQQ – CHINA REGION EQUITIES -23.88%
  2. EWY – SOUTH KOREA EQUITIES -7.59%
  3. ENZL – NEW ZEALAND EQUITIES -6.01%
  4. EDV – U.S. LONG DURATION TREASURIES -4.41%
  5.  GLDM – GOLD -3.98%

Many blessing to all of you in 2022.

The Deep Value ETF Accumulator (aka Micah)

EWY: South Korean Equities Are Probably Undervalued

Summary

  • South Korea’s macroeconomic backdrop is positive.
  • While near-term risks remain in global supply chains and logistics, the South Korean won is probably undervalued, while the country’s exports remain strong, and forecast earnings growth rates are high.
  • I think that South Korean stocks have suffered from a short-term negative shift in sentiment which will probably not hold for long.
  • At present prices, I think forward returns of about 10% per annum are possible here.
  • Over a shorter period of time, I think returns of more than 10% (annualized) are possible in a valuation repricing of EWY and/or the South Korean won.

Continue reading at Seeking Alpha right here: https://seekingalpha.com/article/4459276-ishares-ewy-etf-south-korean-equities-probably-undervalued

The South Korea ETF With A Long History Of Excellent Returns (EWY) 1.5

  • The iShares MSCI South Korea ETF (EWY) has a 21-year history of good returns

  • EWY has a relatively low U.S. market correlation of 0.73

  • EWY has outperformed an S&P 500 ETF by 0.79% CAGR since June 2000

  • EWY has a current 12-month trailing dividend yield of 0.78%

EWY vs SPY: June 2000 – September 2021

EWY vs SPY: May 12, 2000 – October 8, 2021

Continue reading “The South Korea ETF With A Long History Of Excellent Returns (EWY) 1.5”

iShares MSCI South Korea ETF (EWY) 12/11/2020 declared dividend $0.6303/sh (yield 1.52%)

iShares MSCI South Korea ETF/iShares Inc. (NYSE:EWY) on 12/11/2020 declared a dividend of $ 0.6303 per share payable on December 18, 2020 to shareholders of record as of December 15, 2020. Dividend amount recorded is a decrease of $ 0.6773 from last dividend Paid.

iShares MSCI South Korea ETF/iShares Inc. (NYSE:EWY) has paid dividends since 2001, has a current dividend yield of 1.5175237656% and has increased its dividends for 1 successive years.

Source: https://www.dividendinvestor.com/dividend-news/20201211/ishares-msci-south-korea-etf-ishares-inc.-nyse-ewy-declared-a-dividend-of-$0.6303-per-share/

Is South Korea Crowding Your Emerging Markets Allocation? (EWY)

By John Welling, Director, Equity Indices, S&P Dow Jones Indices

Key to evaluating core international equity benchmarks is an understanding of the country exposures offered. Developed and emerging market country classification differences between index providers may lead to notable geographic exposure differences across market segments. One of the most meaningful instances of this involves South Korea, which S&P DJI has classified as a developed market since 2001, while MSCI continues to classify the country as an emerging market.[1]

Continue reading at ETF Trends right here: https://www.etftrends.com/is-south-korea-crowding-your-emerging-markets-allocation/

The South Korea ETF With A Long History Of Excellent Returns (EWY) 1.4

  • The iShares MSCI South Korea ETF (EWY) has an 20-year history of good returns

  • EWY has a relatively low U.S. market correlation of 0.73

  • EWY has outperformed an S&P 500 ETF by 1.06% CAGR since June 2000

  • EWY has a current 12-month trailing dividend yield of 2.03%

EWY vs SPY: June 2000 – September 2020

EWY vs SPY: May 12, 2000 – October 9, 2000

Continue reading “The South Korea ETF With A Long History Of Excellent Returns (EWY) 1.4”

iShares MSCI South Korea ETF Announces Annual Dividend of $1.31 (Yield 1.3%) (EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) announced an annual dividend on Monday, December 16th, Wall Street Journal reports. Shareholders of record on Tuesday, December 17th will be paid a dividend of 1.3076 per share by the exchange traded fund on Friday, December 20th. This represents a yield of 1.3%. The ex-dividend date of this dividend […]
— Read on slatersentinel.com/news/2019/12/17/ishares-msci-south-korea-etf-announces-annual-dividend-of-1-31-nysearcaewy.html

Looking Back at the 19-Year Performance of the South Korea ETF (EWY) 1.3

  • The iShares MSCI South Korea ETF (EWY)  has been available for 19 years. Inception date: May 9, 2000
  • Since inception, this single-country ETF has outperformed an S&P 500 index fund by 0.96 CAGR
  • EWY is considered an Emerging Market fund and carries a standard deviation measure of volatility similar to other emerging markets. EWY = 28.76%. S&P 500 fund = 14.47%
  •  EWY has relatively low correlation to U.S. Markets at 0.73

EWY vs S&P 500 Index Fund: June 2000 – September 2019

Source: https://www.portfoliovisualizer.com/

Continue reading “Looking Back at the 19-Year Performance of the South Korea ETF (EWY) 1.3”

iShares MSCI South Korea ETF (EWY) Declares Semiannual Dividend of $0.79 (2.7% yield)

iShares MSCI South Korea ETF (NYSEARCA:EWY) announced a semiannual dividend on Tuesday, December 18th, Wall Street Journal reports. Stockholders of record on Wednesday, December 19th will be paid a dividend of 0.7899 per share by the exchange traded fund on Monday, December 24th. This represents a dividend yield of 2.7%. The ex-dividend date of this […]
— Read on www.fairfieldcurrent.com/news/2018/12/19/ishares-msci-south-korea-etf-ewy-declares-semiannual-dividend-of-0-79.html

The Excellent Long-Term Performance of The South Korea ETF (EWY) 1.2

  • The iShares MSCI South Korea ETF (EWY) has outperformed an S&P 500 index fund by 1.77% CAGR over the last 18 years
  • EWY is an excellent diversifier in a well constructed all-world equity portfolio with a relatively low correlation to U.S. Markets at 0.75
  • EWY is considered an Emerging Market fund and carries a similar standard deviation of 29.10%

EWY vs S&P 500 index fund: June 2000 – October 2018

Source: https://www.portfoliovisualizer.com/

Continue reading “The Excellent Long-Term Performance of The South Korea ETF (EWY) 1.2”