Supplementary Appendix: COUNTRY FUNDS
Country |
Name of Fund |
IPO Date |
Type * |
Exchange ** |
NAV ***($USm) |
Argentina |
Argentina Fund, Inc. |
Oct-91 |
C |
NYSE |
64.2 |
Argentine Investment Company |
Jan-92 |
C |
DSE |
NF |
|
Argentinian Investment Company SICAV |
Feb-91 |
O |
LUXSE |
51.2 |
|
Brazil |
Brasil Fund, Inc. |
Mar-88 |
C |
NYSE |
166.7 |
Brazillian Equity Fund, Inc. |
Apr-92 |
C |
NYSE |
NF |
|
Brazillian Investment Company SICAV |
Dec-87 |
O |
LUXSE |
56.7 |
|
Brazillian Investment Fund, Inc. |
Jun-91 |
C |
PRIV |
51.2 |
|
Brazillian Investment Trust plc |
May-92 |
C |
LSE |
NF |
|
Equity Fund of Brazil |
Oct-87 |
C |
PRIV |
105.3 |
|
Chile |
Chile Fund, Inc. |
Sep-89 |
C |
NYSE |
160.4 |
Chile Investment Company, SA |
Jun-88 |
C |
PRIV |
110.4 |
|
Five Arrows Chile Fund Ltd |
Feb-90 |
C |
LSE |
159.3 |
|
Genesis Chile Fund |
Nov-89 |
C |
LSE |
182.0 |
|
GT Chile Growth Fund |
Feb-90 |
C |
LSE |
234.9 |
|
International Investment Company of Chile |
Jun-89 |
C |
PRIV |
144.8 |
|
Moneda Chile Fund Ltd. |
Aug-95 |
C |
21.2 |
||
Toronto Trust Mutual Fund |
May-87 |
O |
UNLIS |
37.7 |
|
Colombia |
Colombian Investment Company SICAV |
May-92 |
O |
LUXSE |
NF |
Greece |
Grece Fund Ltd |
Sep-88 |
C |
LSE |
46.3 |
India |
Fleming Indian Investment Trust plc |
May-94 |
C |
126.8 |
|
Himalayan FundWB |
Jun-90 |
C |
NA |
105.0 |
|
India Fund |
Jun-86 |
C |
LSE |
440.5 |
|
India Fund Inc. |
Feb-94 |
C |
510 |
||
India Gateway Fund Ltd. |
May-94 |
C |
0.32 |
||
India Growth Fund Inc. |
Dec-88 |
C |
NYSE |
83.3 |
|
India Investment Fund Ltd |
May-87 |
C |
PRIV |
9.5 |
|
India Magnum Fund N.V. |
Oct-89 |
C |
AMSE |
305.1 |
|
Jardine Fleming India Fund Inc. |
Mar-94 |
C |
169.5 |
||
Morgan Stanley India Investment Fund Inc. |
Feb-94 |
C |
527.69 |
||
Oryx (India) Fund Ltd. |
May-95 |
C |
13.89 |
||
Schroder Indian Communication Fund Ltd. |
Sep-94 |
C |
48.1 |
||
Second India Investment Fund Limited |
Jul-90 |
C |
PRIV |
9.8 |
|
Taj Performance Fund |
May-94 |
C |
30 |
||
Indonesia |
Barclays Asian Selection Indonesian Growth Fund |
Nov-90 |
O |
HKSE |
3.6 |
Batavia Fund |
Jun-90 |
C |
LSE |
16.5 |
|
Connaught Indonesian Growth Fund |
Jun-89 |
O |
UNLIS |
1.8 |
|
Credit Lyonnaise Indonesian Growth Fund |
Apr-89 |
C |
HKSE |
3.3 |
|
EFM Java Trust plc |
May-90 |
C |
LSE |
14.5 |
|
Indonesia Development Fund Ltd |
May-90 |
C |
SES |
57.0 |
|
Indonesia Equity Fund Ltd |
Apr-90 |
C |
LSE |
12.2 |
|
Indonesia Fund, Inc. |
Mar-90 |
C |
NYSE |
35.6 |
|
Indonesian Capital Fund Limited |
Nov-89 |
C |
AMSE |
26.1 |
|
Jakarta Fund (Cayman) Ltd |
Aug-89 |
C |
LSE |
17.9 |
|
Jakarta Growth Fund, Inc. |
Apr-90 |
C |
NYSE |
31.0 |
|
Java Fund (Cayman) Ltd |
Feb-90 |
C |
SES |
16.8 |
|
JF Indonesia Fund, Inc. |
Mar-89 |
C |
LSE |
48.6 |
|
Malacca Fund (Cayman) LtdWB |
Jan-89 |
C |
NA |
35.0 |
|
Nomura Jakarta Fund |
Sep-89 |
O |
UNLIS |
19.3 |
|
SHK Indonesia Fund Ltgd |
Aug-90 |
C |
LSE |
19.9 |
|
Templeton GS Indonesia Fund |
Jan-92 |
O |
LUXSE |
NF |
|
Thornton New Tiger Selections Fund-Indonesia |
Mar-90 |
O |
UNLIS |
1.1 |
|
Korea |
Atlantis Korean Smaller Companies Fund |
Jun-95 |
C |
100 |
|
Barclays Asian Selection Korea Fund |
Nov-90 |
O |
HKSE |
7.4 |
|
Baring Korea Fund Ltd |
Oct-88 |
O |
UNLIS |
26.1 |
|
Bordier Korea Fund |
Jun-89 |
O |
UNLIS |
9.9 |
|
CITC Frontier Fund plc |
Jul-93 |
C |
|||
Clemente Korea Emerging Growth Fund |
Apr-92 |
C |
LSE |
NF |
|
Daehan Asia TrustWB |
Jun-90 |
C |
NA |
60.0 |
|
Daehan Korea Trust |
May-90 |
C |
LSE |
39.6 |
|
Drayton Korea Trust |
Dec-91 |
C |
LSE |
43.1 |
|
First Korea Smaller Companies Fund |
Dec-91 |
C |
LSE |
NF |
|
GT Korea Fund Ltd |
Oct-89 |
O |
UNLIS |
21.4 |
|
GT Korean Securities |
Apr-92 |
O |
UNLIS |
NF |
|
Indosuez Korea Fund |
Jan-92 |
O |
UNLIS |
NF |
|
JF Korea Offshore Trust |
Dec-91 |
O |
UNLIS |
2.2 |
|
JF Korea Trust |
Dec-91 |
O |
UNLIS |
NF |
|
Korea 1990 Trust |
Apr-90 |
C |
HKSE |
37.1 |
|
Korea Asia Fund Ltd |
Apr-91 |
C |
LSE |
110.5 |
|
Korea China Super Fund Ltd. |
Jul-93 |
C |
16.8 |
||
Korea Development Investment Corporation1 |
Dec-82 |
C |
PRIV |
33.4 |
|
Korea Emerging Companies Trust2 |
Mar-86 |
C |
LSE |
17.1 |
|
Korea Equity Fund Inc. |
Dec-93 |
C |
100.9 |
||
Korea Equity Trust |
May-90 |
O |
HKSE |
38.2 |
|
Korea Fund, Inc. |
Aug-84 |
C |
NYSE |
235.9 |
|
Korea Growth Trust |
Mar-85 |
C |
HKSE |
86.9 |
|
Korea International Trust |
Nov-81 |
C |
UNLIS |
99.6 |
|
Korea Investment Fund, Inc. |
Feb-92 |
O |
NYSE |
NF |
|
Korea Liberalisation Fund Ltd |
Feb-90 |
C |
LSE |
38.6 |
|
Korea Pacific TrustWB |
Jul-90 |
C |
NA |
100.0 |
|
Korea Small Companies Trust |
Dec-85 |
O |
UNLIS |
14.2 |
|
Korea Trust |
Nov-81 |
O |
UNLIS |
84.7 |
|
Korea-Europe Fund Ltd |
Jun-87 |
C |
LSE |
134.6 |
|
Regent Korea Fund |
Sep-91 |
O |
UNLIS |
1.3 |
|
Schroder Korea Fund plc |
Dec-91 |
C |
LSE |
21.7 |
|
Seoul Asia Index TrustWB |
Jul-90 |
C |
NA |
100.0 |
|
Seoul Horizon Trust WB |
May-92 |
C |
NA |
50.0 |
|
Seoul International Trust2 |
Apr-85 |
O |
UNLIS |
103.2 |
|
Seoul Trust |
Apr-85 |
O |
UNLIS |
93.6 |
|
Thornton Korea Fund |
May-92 |
O |
PSE |
NF |
|
Malaysia |
Aetna Malaysian Growth Fund |
May-90 |
C |
LSE |
35.9 |
Barclays Asian Selection Malaysia Fund |
Nov-90 |
O |
HKSE |
3.2 |
|
CIBC-CEF Malaysia Trust |
Oct-89 |
O |
UNLIS |
5.5 |
|
Connaught Malaysian Fund |
May-90 |
O |
UNLIS |
1.0 |
|
Fidelity Country Select Malaysia Fund |
Oct-90 |
O |
UNLIS |
9.7 |
|
Genesis Malaysia Maju Fund |
Feb-90 |
C |
LSE |
23.9 |
|
JF Malaysia Trust |
Dec-89 |
O |
UNLIS |
52.7 |
|
Malaysia Capital Fund Ltd |
Feb-90 |
C |
LSE |
77.2 |
|
Malaysia Equity Fund Ltd |
Dec-89 |
C |
LSE |
67.5 |
|
Malaysia Fund, Inc. |
Dec-87 |
C |
NYSE |
98.3 |
|
Malaysia Growth Fund |
Apr-89 |
C |
UNLIS |
48.0 |
|
Malaysia Select Fund Ltd |
Jan-90 |
C |
LSE |
55.0 |
|
Malaysian Emerging Companies Fund Ltd |
Dec-89 |
C |
LSE |
78.1 |
|
Malaysian Smaller Companies Fund Ltd |
Nov-89 |
C |
LSE |
38.5 |
|
Malaysian Ventures Berhad |
Mar-84 |
C |
PRIV |
5.1 |
|
Malaysian Ventures Fund (Two) Sdn Bhd |
Dec-91 |
C |
PRIV |
5.5 |
|
Wardley GS Malaysia Fund |
Feb-87 |
O |
LUXSE |
2.4 |
|
Mexico |
Emerging Mexico Fund, Inc. |
Oct-90 |
C |
NYSE |
92.1 |
First Mexico Income FundWB |
Aug-90 |
C |
NA |
67.8 |
|
Mexican Appreciation Fund NV |
Jul-92 |
O |
UNWS |
NF |
|
Mexican Horizons Investment Co Ltd |
Jun-91 |
C |
UNLIS |
31.7 |
|
Mexican Investment Company SICAV |
Nov-89 |
O |
LUXSE |
60.1 |
|
Mexico Equity & Income Fund, Inc |
Aug-90 |
C |
NYSE |
95.0 |
|
Mexico Fund, Inc. |
Jun-81 |
C |
NYSE |
499.3 |
|
Pakistan |
Credit Lyonnaise Pakistan Growth Fund |
Nov-91 |
O |
UNLIS |
29.7 |
GT Karachi Fund |
Mar-92 |
O |
DSE |
NF |
|
Pakistan Fund |
Jul-91 |
C |
HKSE |
33.5 |
|
Pakistan Investment Fund Inc. |
Dec-93 |
C |
184.72 |
||
Pakistan Special Situations Fund |
Apr-92 |
O |
UNLIS |
NF |
|
Philippines |
Barclays Asian Selection Philippines Fund |
Nov-90 |
O |
HKSE |
0.9 |
First Philippine Fund Inc. |
Nov-89 |
C |
NYSE |
101.2 |
|
First Philippine Investment Trust plc |
Dec-89 |
C |
LSE |
37.0 |
|
H & Q Philippine Ventures |
NA |
C |
PRIV |
12.1 |
|
JF Philippine Fund Inc. |
Nov-89 |
C |
LSE |
60.5 |
|
JF Philippine Trust |
Jul-74 |
O |
UNLIS |
5.9 |
|
Manila Fund (Cayman) Ltd |
Sep-89 |
C |
LSE |
44.3 |
|
Philippine Long Term Equity Fund Ltd |
May-87 |
C |
UNLIS |
40.5 |
|
Philippine Strategic Investment (Holdings) Ltd. |
Oct-93 |
C |
7.25 |
||
Thornton Philippines Redevelopment Fund Ltd |
May-86 |
O |
UNLIS |
0.9 |
|
Portugal |
Oporto Growth Fund Ltd |
May-88 |
C |
LSE |
24.1 |
Portugal Fund Ltd |
Aug-87 |
C |
LSE |
20.4 |
|
Portugal Fund, Inc. |
Nov-89 |
C |
NYSE |
57.0 |
|
Portuguese Investment Fund Ltd |
May-90 |
C |
LSE |
22.7 |
|
Portuguese Smaller Companies Fund Ltd. |
Jan-94 |
C |
25.75 |
||
Taiwan |
Citizens Securities Investment Trust Fund |
NA |
O |
UNLIS |
203.1 |
First Securities Investment Trust Fund |
Jan-86 |
O |
UNLIS |
8.8 |
|
Formosa Fund |
Mar-86 |
O |
LSE |
133.7 |
|
Formosa Growth Fund Ltd |
Oct-91 |
C |
HKSE |
44.5 |
|
GT Taiwan Fund Ltd. |
May-91 |
O |
UNLIS |
51.1 |
|
HanMore Venture Capital Corp |
NA |
C |
PRIV |
22.4 |
|
HanTech Venture Capital Corp |
NA |
C |
PRIV |
35.7 |
|
International Venture Capital Investment Corp |
Mar-88 |
O |
PRIV |
25.2 |
|
Invesco MIM Taiwan Growth Fund |
Oct-91 |
O |
LUXSE |
50.0 |
|
JF Taiwan Trust |
Feb-91 |
O |
UNLIS |
9.0 |
|
Morgan Stanley Taiwan Portfolio |
Sep-91 |
O |
PRIV |
6.0 |
|
New Taipei Fund |
Jan-92 |
C |
HKSE |
NF |
|
ROC Taiwan Fund |
May-89 |
C |
NYSE |
244.1 |
|
Taiwan Equity Fund |
Jul-94 |
C |
|||
Taipei Fund |
May-86 |
O |
LSE |
88.0 |
|
Taiwan Fund, Inc. |
Dec-86 |
C |
NYSE |
167.4 |
|
Taiwan Tracker Fund Ltd |
Nov-91 |
C |
HKSE |
52.5 |
|
TaiwanVest N.V. |
Dec-87 |
C |
PRIV |
13.5 |
|
Thornton Taiwan Equity Growth Fund |
Aug-91 |
O |
HKSE |
33.2 |
|
Thornton Taiwan Equity Income Fund |
Aug-91 |
O |
HKSE |
6.4 |
|
Thailand |
Abtrust New Thai Investment Trust plc |
Dec-89 |
C |
LSE |
18.8 |
Bangkok Fund Ltd |
Jul-85 |
C |
LSE |
163.5 |
|
Barclays Asian Selection Thailand Fund |
Nov-90 |
O |
HKSE |
6.4 |
|
CIBC-CEF Thai Trust |
Aug-89 |
O |
UNLIS |
8.8 |
|
Commercial Union PPT Thailand Trust |
NA |
O |
UNLIS |
6.6 |
|
Connaught Thailand Fund |
Apr-88 |
O |
UNLIS |
7.0 |
|
Fidelity Country Select Thailand Fund |
Oct-90 |
O |
UNLIS |
1.7 |
|
JF Thailand Trust |
Aug-89 |
O |
HKSE |
84.4 |
|
Providence Capitol Thailand Trust |
Sep-89 |
O |
UNLIS |
12.0 |
|
Siam Fund (Cayman) Ltd |
Jan-88 |
C |
LSE |
179.1 |
|
Siam Selective Growth Trust plc |
Mar-90 |
C |
LSE |
24.7 |
|
Siam Smaller Companies Fund Ltd |
Oct-89 |
C |
LSE |
29.3 |
|
Siam Ventures NV |
NA |
C |
PRIV |
19.0 |
|
Thai Asset Fund Ltd |
Oct-89 |
C |
HKSE |
47.7 |
|
Thai Capital Fund, Inc. |
May-90 |
C |
NYSE |
56.0 |
|
Thai Development Capital Fund Ltd |
Oct-90 |
C |
LSE |
15.2 |
|
Thai Equity Trust |
Mar-90 |
O |
UNLIS |
53.8 |
|
Thai Fund, Inc. |
Feb-88 |
C |
NYSE |
154.3 |
|
Thai Investment Fund Ltd |
Apr-88 |
C |
LSE |
30.3 |
|
Thai Prime Fund Ltd |
Dec-88 |
C |
LSE |
236.5 |
|
Thai-Asia Fund Ltd |
May-89 |
C |
HKSE |
47.5 |
|
Thai-Euro Fund Ltd |
Mar-88 |
C |
LSE |
138.0 |
|
Thailand Fund |
Dec-86 |
O |
LSE |
46.5 |
|
Thailand Growth Fund |
May-88 |
C |
UNLIS |
69.4 |
|
Thailand International Fund Ltd |
Dec-88 |
C |
LSE |
139.3 |
|
Turkey |
Turkey Trust plc |
Aug-90 |
C |
LSE |
35.8 |
Turkish Investment Fund, Inc. |
Dec-89 |
C |
NYSE |
52.7 |
Source: The Wilson Directory of Emerging Market Funds, 1992-1993 edition; Park, K.H. and A.W. van Agtmael, The World’s Emerging Markets, 1993; and The World Debt Tables; the Irwin Guide to Investing in Emerging Markets, Marjorie T. Stanley, 1995.
* Type: C - Closed end fund
O - Open ended fund
** Exchange: The stock exchange on which the fund is listed
AMSE - Amsterdam Stock E
DSE - Dublin Stock Exchange (Ireland)
HKSE - Hong Kong Stock Exchange
LSE - London Stock Exchange (UK)
LUXSE - Luxembourg Stock Exchange
NA - Not available
NYSE - New York Stock Exhcnage (USA)
PRIV - Private Placement (Not listed on any stock exchange)
SES - Stock Exchange of Singapore
UNLIS - Unlised, but publicly available
*** NAV - The size of each fund, in total net assets, as at December 31, 1991.
NF - indicates this is a new fund, launched after December 31, 1991.
WB Source: World Debt Tables
Initial Capital (US$m) is given, instead of NAV.
1 NAV as at June 30, 1991.
2 NAV as at November 30, 1991.