Korea opportunities

Professional Adviser
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With two Korean funds heading investment performance tables over the three years to the end of July, should the country be a must for the bolder investor?

If asked to name the best performing unit trusts and Oeics over the period from 1 January 1998 to 31 July 2001, most commentators would probably pick American funds, many of which outperformed during the technology boom, or specialist portfolios investing in areas such as pharmaceuticals. But, according to data from Standard and Poor's, the top two funds over that period in terms of returns both focus on Korea ' hardly an area known for mainstream investment opportunities. Standing proudly at the top of the Standard and Poor's statistics, out of a total of 1427 funds with a three-year tra...

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