Joseph T. Grause

The Korea Fund, Inc. operates as a closed-end non-diversified management investment fund. The firm intends to seek a long-term capital appreciation through investment in securities. It invests in various industries, such as chemicals, commercial banks, commercial services and supplies, communications, construction and engineering, consumer discretionary, consumer finance, diversified consumer services, electrical equipment, electronic equipment and instruments, entertainment, financial services, food and staples retailing, insurance, Internet software and services, metals and mining, pharmaceuticals, retail, semi-conductors, shipbuilding, tobacco, wholesale and wireless telecommunications services. The company was founded on August 29, 1984 and is headquartered in London, the United Kingdom.

The KP Funds is an open-end management investment company that offers shares of diversified portfolios. The company was founded on March 25, 2013 and is headquartered in Oaks, PA.

Morningstar U.K. opened in London in 2000 and launched its investing Web site in 2001. The Web site offers access to and objective information on more than 9,000 funds available to individual investors in the U.K. The site also offers independent editorial content produced by Morningstar analysts and journalists based in London and around the world. In addition to its investing site, Morningstar U.K. provides a range of innovative products and services to advisers and institutions, including Morningstar® Adviser Workstation™, a comprehensive, Web-based investment planning system and Morningstar Direct™, a Web-based institutional platform providing access to Morningstar's global databases and investment research.

Morningstar Investment Management Europe Ltd. (MIME) is the Great Britain-based asset management subsidiary of Morningstar Investment Management LLC, which is owned by Morningstar, Inc. (NASDAQ: MORN) in the US. Headquartered in London, MIME was founded in 2006 and provides discretionary investment management and advisory services to individual and institutional clients.